New mexico workers 2025

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The State Personnel Office is responsible for the administration and oversight of the classified service personnel system which consists of approximately 18,000 state employees from approximately 68 executive state agencies, boards and commissions.
Compensating tax is imposed when a business or an individual uses tangible property, a service, a license or a franchise that was acquired as a result of a transaction with a person located outside the state that would have been subject to gross receipts tax if the seller had nexus in New Mexico.
To estimate the workers compensation cost for an employee, divide their annual pay by 100, then multiply that number by your workers compensation insurance rate to get your estimated premium.
What You Shouldnt Tell Your Workers Comp Doctor Never lie about prior injuries, pre-existing conditions, or medical history. Never lie about the extent of your workplace injury or how it happened. Do not exaggerate your symptoms, including pain or functionality.
A company with three or more employees total, and at least one working in New Mexico, whether the employment is permanent, temporary or transitory, must carry workers compensation insurance. Workers can be residents or non-residents of New Mexico.
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January 1, 2025: Las Cruces minimum wage increases to $12.65 per hour. January 1, 2025: Albuquerque plans to adjust its minimum wage. Since the state minimum wage is higher at $12.00 per hour, you must continue to pay the state rate in Albuquerque.
As of Mar 8, 2025, the average hourly pay for the Hourly Rate jobs category in New Mexico is $20.17 an hour.
Every employer required to be covered by the Workers Compensation Act, or who elects to do so, and every employee covered by the Act, must pay a quarterly fee called the workers compensation assessment fee. The fee is similar to a tax, and is $4.30 per employee per calendar quarter.

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