NM State Calculator
New Mexico Employee Cost Calculator
New Mexico employee cost calculator with $12 minimum wage. Calculate employment costs including NM unemployment insurance (0.33%-5.4%) and federal taxes.
Minimum Wage
$12.00/hr
SUI Rate (New)
3.30%
SUI Range
0.33% -5.40%
State Tax
No
Calculator
$
Results
Enter salary and state, then click Calculate
Key Facts About Hiring in New Mexico
Minimum wage: $12.00/hour
SUI rates: 0.33% to 5.4%
Annual minimum wage increases
Growing business environment
Frequently Asked Questions - New Mexico
Calculate New Mexico Costs by Industry
Workers' compensation rates, turnover, and compliance requirements vary significantly by industry. See industry-specific costs for New Mexico.
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