Payroll Compliance Guide

New Mexico Payroll Compliance Guide

Complete Reference for Multi-State Employers

Last updated: January 2025 • 60+ requirements covered

Key Facts at a Glance

RequirementNew Mexico Rule
Minimum Wage$12.00/hour (state); higher in some cities
Tipped Minimum$3.00 + tips = $12.00
Overtime Threshold40 hours/week (no daily OT)
Final Pay (Termination)Within 5 days
Final Pay (Resignation)Next regular payday
PTO Payout Required?No (unless policy requires)
Pay Frequency MandateSemi-monthly or biweekly
State Income TaxYes (1.7% - 5.9%)
Unemployment InsuranceYes
State Disability InsuranceNo
Paid Family LeaveNo
Paid Sick LeaveYes (Healthy Workplaces Act)
Workers' Comp RequiredYes (3+ employees)

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