The minimum wage in New Mexico is going up on January 1, 2023.
Gov. Michelle Lujan Grisham signed a bill during the 2019 Legislation raising the state’s minimum wage for the first time in a decade from $7.50 an hour, in yearly increments to $12.00 by 2023. All minimum wage earners have received a raise yearly since 2020. This year is the final phase with the minimum wage going to $12.00 per hour, effective January 1, 2023. Minimum wage for tipped workers will rise to $3.00 per hour.
By law employers must insure those workers receive the full minimum wage after tips, while some lawmakers say the system is prone to abuse. people are encouraged to check their paychecks to ensure they are receiving these raises.
All information about minimum wages in the state can be found on the Department of Workforce Solutions website. The Department has also engaged with businesses to create two webinars, found at the minimum wage website, for employers on best practices to comply with the law. One is for the standard wage and another specifically targets tipped workers.
The full document of the 2019 Amendment to the Minimum Wage Act may be found at: https://www.dws.state.nm.us/Minimum-Wage-Information.
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