If the bill passes, the minimum wage in new mexico would increase from $10.50 an hour to $12 an hour in 2022. For contract terms other than the 18 weeks, the minimum monthly salary is calculated as follows:
New mexico minimum wage rate is $12.00 per hour in 2024. Albuquerque, new mexico local minimum wage for 2023, 2024.
The Initiative Proposes A Tiered Approach To The Wage Increase.
Minimum monthly pay rate = (minimum weekly rate x number of.
The Minimum Wage In New Mexico Is $12.00 Per Hour For All Employees, Effective January 1, 2023.
Local minimum the city of santa fe and santa fe county have higher base wage rates minimum wage rates.
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One Of The Bills Filed This Week Would Boost The Minimum Wage To $16 Per Hour Starting In 2024, While Also Establishing An Indexing System That Would Mean Yearly.
If the bill passes, the minimum wage in new mexico would increase from $10.50 an hour to $12 an hour in 2022.
For Contract Terms Other Than The 18 Weeks, The Minimum Monthly Salary Is Calculated As Follows:
This is higher than the federal minimum wage of $7.25 per hour, but lower than the current average.
