SUTA new-employer rate
2.8%
verified
SUTA wage base
$44,800
verified
Minimum wage
$15.92
verified
Workers' comp (typical)
$2.16/$100
rank 2/51 (1 = priciest)
2What this employee costs you
Frequently asked questions
How much does it cost to hire an employee in New Jersey?
A full-time worker at $18.00/hour ($37,440 a year) with 10 PTO days costs about $42,203 a year before benefits: employer payroll tax $2,864, FUTA $42, New Jersey unemployment $1,048 and typical workers' comp $809. That's $21.10 per hour worked.
What is the New Jersey SUTA rate for new employers in 2026?
2.8% on the first $44,800 of each employee's wages (U.S. DOL, January 2026).
What is the New Jersey minimum wage in 2026?
$15.92 per hour.
How much is workers' comp in New Jersey?
The 2024 Oregon premium-rate study puts New Jersey's all-industry index rate at $2.16 per $100 of payroll (rank 2 of 51; national median $1.09). Your real rate depends on job class and claims history.
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