Albuquerque Minimum Wage Increase - 2014
Albuquerque's minimum wage for workers increases on Jan. 1, 2014.
Minimum Wage Documents
The 2014 minimum wage required to be paid from Jan. 1, 2014 through Dec. 31, 2014:
- Starting Jan. 1, 2014, the minimum wage will be $8.60.
- Starting Jan. 1, 2014, the minimum wage will be $7.60 if the employee’s employer provides healthcare and/or childcare benefits to the employee during any pay period and the employer pays an amount for these benefits equal to or in excess of an annualized cost of $2,500.00.
- Starting Jan. 1, 2014, the minimum wage for tipped employees will be $5.16.
Minimum Wage Rates 2013-14
| Consumer Price Index - Urban Wage Earners & Clerical Workers | ||||
|---|---|---|---|---|
| CPI Index | ||||
| August 2012 | 227.056 | |||
| August 2013 | 230.359 | |||
| Percent Change | 1.455% | |||
| Minimum Wage of | January 2013 | Increase | Rounded | Wage as of January 2014 |
| $8.50 | $0.12 | $0.10 | $8.60 | |
| With Health Care | $7.50 | $7.60 | ||
| Tipped Employee (60% in 2014, 45% in 2013) |
$3.83 | $5.16 | ||