Until December 30, 2019, the salary threshold for exemption status was $23,660 per year ($455 per week). On September 24, 2019, the Department of Labor announced a final ruling to increase the salary threshold to $35,568 per year ($684 per week), effective January 1, 2020.
What is the minimum exempt salary in New Mexico?
New Mexico employers may not pay you under $11.50 per hour unless you or your occupation are specifically exempt from the minimum wage under state or federal law. If you have questions about the New Mexico minimum wage, please ask us and someone will respond to you as soon as possible.
What is the minimum salary for exempt employees in New Mexico 2021?
$11.50 per hour effective January 1, 2022 (previously $10.50 per hour effective January 1, 2021)
What is an exempt employee in New Mexico?
New Mexico exempt the following employees from its minimum wage and overtime requirements: individuals working for educational, charitable, religious or nonprofit organizations where the services are rendered on a voluntarily basis and an employer-employee relationship does not, in fact, exist.
What is the minimum salary in New Mexico?
$11.50 per hour
New Mexico Minimum Wage for 2021, 2022. New Mexico’s state minimum wage rate is $11.50 per hour. This is greater than the Federal Minimum Wage of $7.25. You are entitled to be paid the higher state minimum wage.
Who is exempt from overtime pay in New Mexico?
New Mexico Overtime Law
There are some exceptions to the 40 hours per week standard, which apply to police officers and firefighters employed by public agencies as well as hospital and nursing home employees.
What is a non exempt employee in New Mexico?
Non-exempt employees are covered by the minimum wage and overtime provisions of the FLSA and are entitled to overtime compensation at one and one-half times their regular rate of pay for hours worked beyond 40 in a work week. Compensation may be monetary or in compensatory time.
What will New Mexico’s minimum wage be in 2022?
$11.50
2022 Minimum Wage Rates
| Minimum Wage of | January 2021 | *Effective Wage as of January 2022 |
|---|---|---|
| Minimum Wage | $10.50 | $11.50 |
| With Health Care | $9.50 | $11.50 |
| Tipped Employee (60% of minimum in 2022) | $6.30 | $6.90 |
What are the labor laws in New Mexico?
Under New Mexico law, employees are entitled to certain leaves or time off, including military leave, voting leave, domestic violence leave, emergency responder leave and paid sick leave. See Time Off and Leaves of Absence. New Mexico prohibits smoking in the workplace and texting while driving. See Health and Safety.
What is Santa Fe NM minimum wage?
$12.95 per hour
The City of Santa Fe Living Wage Ordinance was adopted to establish minimum hourly wages. Effective March 1, 2022 all employers are required to pay employees an hourly wage of $12.95 per hour.
Is overtime pay mandatory in New Mexico?
Yes. If an employee is paid by the hour, an employer can require the employee to work overtime but must pay the rate of time and a half the regular rate of the employee’s pay for any time over 40 hours in a seven-day period.
Is 32 hours considered full time in New Mexico?
Full-time vs.
New Mexico does not have a legal standard for what constitutes part-time employment, nor does the federal government under the Fair Labor Standards Act (FLSA), which regulates employment law in the US. Most companies define part-time employment as being less than 32 to 40 hours a week.
What is overtime rate in New Mexico?
1.5 times
New Mexico Overtime Law Overview
Hourly: Pay time and a half (1.5 times the regular rate) for hours worked in excess of 40 hours per workweek.
What is a livable salary in New Mexico?
Living Wage Calculation for Bernalillo County, New Mexico
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.03 | $22.58 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $11.50 | $11.50 |
What is the average salary in New Mexico?
As of Aug 2, 2022, the average annual pay for the Average jobs category in New Mexico is $55,908 a year. Just in case you need a simple salary calculator, that works out to be approximately $26.88 an hour. This is the equivalent of $1,075/week or $4,659/month.
What is the largest employer in New Mexico?
Federal Government
LARGEST EMPLOYERS IN NEW MEXICO
| Rank | Organization | Employees |
|---|---|---|
| 1 | Federal Government (see breakdown below) | 21766 |
| 2 | State of New Mexico (see breakdown below) | 18359 |
| 3 | Wal-Mart | 14022 |
| 4 | Sandia National Laboratories | 12206 |
Are 15 minute breaks required by law in New Mexico?
New Mexico labor laws do not have any laws requiring an employer to provide a meal period or breaks to employees, thus the federal rule applies.
How long does an employer have to pay you after termination in New Mexico?
5 days
Final paychecks in New Mexico
Employers have 5 days to pay all due wages to employees who are fired or laid off if the wages are a fixed amount. If they are based on a task or commission or other method of calculation, they have 10 days to pay the wages.
What are the overtime laws in Texas?
According to Texas overtime laws, employers are required to pay their employees overtime pay for hours worked over forty hours a week. Texas overtime laws require that overtime pay should be no less than one and one-half times the employee’s regular rate of pay.
Are lunch breaks required in New Mexico?
New Mexico Law: No Meal or Rest Breaks Required
Some states require employers to provide a meal break, rest breaks, or both. New Mexico is not one of them, however. New Mexico employers must follow the federal rules explained above.
Which state has the highest minimum wage?
Washington D.C.
Washington D.C. currently has the highest minimum wage in the United States at $15.00, followed by California with $14.00. Alabama, Louisiana, Mississippi, South Carolina, and Tennessee have not adopted a state minimum wage and, therefore, adopted the $7.25 federal minimum wage.