State Of New Mexico Minimum Wage 2024 Opm. The minimum wage in new mexico is $12.00 per hour for all employees, effective january 1, 2023. A $16 minimum wage would make new mexico one of the top five highest paying states in the country.
Sb 3 set a course for increasing the state’s minimum wage to $15 per hour by january 2022 for larger employers and by january 2023 for smaller employers. Several state and local minimum wage rates will soon increase, beginning on july 1, 2024.this article provides the state and major locality minimum wage increases.
The Table Below Lists The Current Prevailing 2024 Minimum Wage Rates For Every State In The United States.
This is the result of a law signed by governor michelle lujan grisham in 2019.
Sb 3 Set A Course For Increasing The State’s Minimum Wage To $15 Per Hour By January 2022 For Larger Employers And By January 2023 For Smaller Employers.
While new mexico’s state minimum wage is $12.00 per hour, albuquerque has set its own, higher.
Overtime Pay At Least 11⁄2 Times Your Regular Hourly Rate Of Pay For All Hours.
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The Table Below Lists The Current Prevailing 2024 Minimum Wage Rates For Every State In The United States.
According to the us labor law center, these are the.
Graph And Download Economic Data For State Minimum Wage Rate For New Mexico (Sttminwgnm) From 1968 To 2024 About Nm, Minimum Wage, Wages, Rate, And Usa.
The federal minimum wage is $7.25 per hour.
Albuquerque, New Mexico Local Minimum Wage For 2023, 2024.