Monthly Archives February 2013

New Jersey’s Employment Minimum Wage Battle

NJ employment lawyersIt was expected that Governor Chris Christie vetoed a bill that would raise New Jersey’s minimum wage to $8.50 an hour. The Governor proposed a $1 increase that would be phased-in over the next 2 years to 2015.  25 cents this year, 50 cents in 2014 and 25 cents in 2015.  The Governor felt that this would protect the state’s post hurricane economic recovery.

The veto does not end the debate about an increase for minimum wage in New Jersey, in December the New Jersey legislature proposed a constitutional amendment that would raise the minimum wage to $8.25 and combine future increases to the Consumer Price Index, much like the bill the Governor vetoed. While this battle is being waged in the legislative courts, it is also being fought in the offices, a representative from Castronovo & McKinney urges employees to come forward if they feel pressured and to know their rights, as an NJ employment law firm in Morristown, they are most concerned with how this will affect day-to-day office environments as this issue drags on.

The bill was passed in anticipation of the Governor’s veto, since a constitutional amendment by voters can override the need for the Governors signature. Recently on February 7th the New Jersey Senate approved the resolution, so it needs a majority approval by the Assembly so it can be on the November 2013 ballot for consideration of the voters of New Jersey.  The passage of this amendment to the New Jersey Constitution would impact employers in New Jersey the most, with a minimum wage increase tied to the Consumer Price Index.

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Detroit nears Bankruptcy

Detroit cityIt is a matter a weeks before Detroit becomes possibly the largest chapter 9 municipal bankruptcy filing in the US. What was America’s 5th largest city, today is the 18th with a growing loss of population that have added enormous costs labor, health care and pensions for retirees, add to Detroit’s enormous 13 billion debt.

The auto manufacturers say little about the situation. Another challenge to Detroit is the labor agreements with over 45 bargaining sectors of Detroit’s workforce.

Bankruptcy lawyers in Irvine CA, counsel from Hobbs Legal Solutions, said that in Chapter 9 bankruptcy would allow Detroit to eliminate the collective bargaining agreements with the unions.

Then it would be a matter of battling the rising expenses, since Detroit can’t raise taxes to avoid a further exodus from the city.

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