FAQ: What Is The Minimum Wage In Albuquerque New Mexico?

What is the minimum wage in Albuquerque 2020?

1, 2020, the minimum wage will be $9.35. Starting Jan. 1, 2020, the minimum wage will be $8.35 if the employee’s employer provides healthcare and/or childcare benefits to the employee during any pay period and the employer pays an amount for these benefits equal to or in excess of an annualized cost of $2,500.00.

Did minimum wage go up in Albuquerque NM?

ALBUQUERQUE, N.M.- A new minimum wage went into effect across New Mexico Friday. Most worker making minimum wage will earn $10.50 an hour, an increase of $1.50. The increase was approved in 2019. Under a bill, signed by governor Michelle Lujan Grisham, wages will continue to go up, in phases, to $12 per hour by 2023.

What states have $15 minimum wage?

Other states that have already enacted phase-ins of a $15 minimum wage include California, Connecticut, Florida, Massachusetts, New Jersey, Illinois, Maryland, and Rhode Island. Virginia may also raise its scheduled wage of $12 in 2024 to $15 by 2026 if re-approved by the General Assembly.

What is New Mexico’s minimum wage 2020?

What is the minimum wage in New Mexico? The New Mexico minimum wage is $9.00, $1.75 higher than the federal minimum wage.

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What is the minimum wage in Utah?

In Utah, the minimum wage is only $7.25. That is the national minimum wage, which has not been changed since 2009, when it was raised from $5.15 to $7.25 to account for inflation.

What is the minimum salary for exempt employees in New Mexico 2021?

Most New Mexico businesses will see the state minimum wage increase and will be required to pay a minimum wage of: $10.50 per hour effective January 1, 2021 (previously $9.00 per hour effective January 1, 2020)

Do all jobs have to pay minimum wage?

Is there a national minimum wage? Yes! All workers should be paid at least $20.33 per hour, or $772.60 per week for a 38 hour week. But, junior workers (people under 20) can be paid less than this amount though.

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