Employment Law -- Employee
What is the minimum wage in New Mexico?
The minimum wage is $7.50 per hour for establishments under the jurisdiction of the State Minimum Wage Act, i.e. if the firm is a small employer not grossing $500,000 per year and not engaged in interstate commerce. Students are exempt from minimum wage if they work for an establishment that falls under state jurisdiction. The minimum wage is $5.15 per hour if the establishment grosses $500,000 a year or more, is engaged in interstate commerce or is a named industry under the Federal Fair Labor Standards Act. Some of the named industries are schools, hospitals, nursing homes, state, county or municipal governments.
If the employee regularly receives $30.00 or more a month in tips, then the minimum wage is $2.13 per hour; however, the employee must receive at least enough tips to make the State minimum wage of $4.25 per hour or the Federal minimum wage of $5.15 per hour, which ever is applicable.