SANTA FE – This week Sen. Clemente Sanchez, D-Cibola, Socorro, McKinley and Valencia counties, introduced Senate Bill 10 (SB 10) proposing a minimum wage increase to $8.30 an hour.
New Mexico’s minimum wage is $7.50 an hour.
“People who are working at a minimum wage need all the help they can get. Seven fifty an hour is not enough to live on when considering mortgages or rent, bills and loans, especially when one adds children to the equation,” Sanchez said.
According to the bill, new employees will earn the current minimum wage of $7.50 an hour, while in training, for no longer than six months from the date of hire. After those six months, the increase will then be applied to their hourly wages. If passed, the law will go into effect Jan. 1, 2016.
“Last year the Governor said she would have signed off on a minimum wage that was competitive with surrounding states. I feel this bill is indeed competitive and will not detract businesses from coming to New Mexico. I hope she’ll stick to her word and consider this bill seriously so we can help out our working folks out,” Sanchez said.