Casie Cynthia

New Mexico Minimum Wage 2024 Hourly Rate. This bill proposes to raise the minimum wage for certain employees in new mexico from $12.00 to $16.00 per hour in 2024, and to adjust it annually based on inflation. If you are under 20 years old in new mexico, federal law allows your employer to pay you as little as $4.25 per hour for your.

This rate is considerably higher than the federal minimum wage of. Employers should remember, however, that other factors — such as industry type — may require them to pay a.