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SB 416 - Increases Minimum Wage - New Mexico Key Vote

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Title: Increases Minimum Wage

Vote Smart's Synopsis:

Vote to pass a bill that increases minimum wage, effective January 1, 2014.

Highlights:

  • Increases the minimum wage rate from $7.50 per hour to $8.50 per hour, with the following exceptions (Sec. 1):
    • Authorizes an employer with 10 or fewer employees to pay a minimum wage of $7.50 per hour; and
    • Authorizes an employer with a trainee employee to pay a minimum wage of $7.50 per hour during the training period for up to 1 year.

Full Bill Text

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