Can an employer reduce an employee's wage or salary? Yes. The employer must advise the employee of the new lower rate before the hours are worked.
What is the minimum wage? The New Mexico minimum wage is $12.00 per hour. The federal minimum wage is $7.25 per hour. Certain cities have established their own minimum wage requirements. Additional information is available at https://www.dws.state.nm.us/Minimum-Wage-Information.
Does an employer have to pay holiday, sick, or severance pay? No. There is no statute that require an employer to pay such wages.
Does an employer have to pay overtime compensation to salaried employees? Yes, if the employee is not exempt from the overtime provisions.
Which employees are exempt from overtime? Employees engaged in the ginning of cotton, agriculture, professional, administrative, executive, and outside sales, as determined by the Fair Labor Standards Act.