New Jersey Hourly Paycheck Calculator
Understanding Hourly Pay in NJ
Step 1: Know Your Hours
- Regular Hours (up to 40 per week)
- Overtime Hours (over 40 per week)
- Double Time (if applicable)
NJ Overtime Rules
- 1.5x regular rate for hours over 40
- 2x regular rate for holidays (if applicable)
- Overtime is calculated per workweek
Paycheck Deductions in NJ
Deduction Type | Rate |
---|---|
Federal Income Tax | Progressive (10-37%) |
NJ State Tax | Progressive (1.4-10.75%) |
Social Security | 6.2% |
Medicare | 1.45% |
Example Calculation
For $15/hour with 45 hours worked:
- Regular Hours (40): $600.00
- Overtime Hours (5): $112.50
- Total Gross: $712.50
- After Taxes: ~$550.00