What type of records must employers keep in regards to wage and hour laws?
In New Mexico, employers are required to keep accurate records of wages and hours worked by their employees. This includes all pay records and documents related to the calculation of wages. Wages are required to be paid at least twice a month or once in every 16 days, and the records must include payment dates, hours, wages, deductions, and any bonuses. Employers must also provide their employees with an itemized statement of earnings each pay period. This statement should include the type of pay, hours worked, deductions, gross earnings, and net pay. Employers must also keep accurate records of the number of hours worked by each employee, along with any overtime hours worked. These records must include the name of the employee, the hours worked, the rate of pay, any overtime worked, and any deductions. Employers must also keep records of the hours worked by any minor employees. These records must include the name of the minor, the time worked, the rate of pay, any overtime worked, and any deductions. Finally, employers must maintain records of any vacation, holiday, or sick time taken by employees. This should include the employee’s name, the number of hours taken, and the date the time was taken. By keeping accurate records of wages and hours worked, employers can ensure they remain in compliance with New Mexico’s wage and hour laws. This will protect both employees and employers by ensuring that wages and hours worked are properly accounted for.
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