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The University of New Mexico

NEWS RELEASE



Media Contact: Laurie Mellas, 277-5915

March 23, 2007

UNM Student Employee Wages to Increase for Those Currently Under $6.25; Phased Wage Adjustments to Follow

Beginning March 31, 2007, University of New Mexico student employees paid less than $6.25 per hour will be raised to that minimum, according to UNM Student Financial Aid Director Ron Martinez.

Starting July 7, 2007 (the start of the first pay period of the new fiscal year), all new student employees will be assigned pay rates according to a revised pay scale. Continuing employees will receive a “market adjustment” to the new rate applicable to the employee’s current Grade and Step. Any further step increases for longevity (assuming satisfactory performance) will be based on a revised pay scale starting with this first new pay period of the fiscal year.

UNM Student Employee wages will be further adjusted once Governor Bill Richardson signs the new statewide minimum wage bill into law, resulting in an additional pay increase. The new scale is expected to affect all grades and stages in the UNM student employee wage system in 2008 and 2009.

Below is the two-phased, three-step progression of changes in UNM student employee wages:

Phase I, Step 1: Effective March 31, 2007, all UNM student employees will be raised to $6.25.

Phase I, Step 2: Effective July 7, 2007, a new pay scale will be instituted across all UNM student employee steps and grades to calibrate with the new UNM student minimum wage, as follows:

NEW UNM Student Pay Scale effective 7/07/2007

New Pay

Scale

Step I

Step II

Step III

Step IV

Step V

Step VI

Step VII

Grade I

$6.25

$6.50

$6.75

$7.00

$7.25

$7.50

$7.75

Grade II

$6.75

$7.00

$7.25

$7.50

$7.75

$8.00

$8.25

Grade III

$7.25

$7.50

$7.75

$8.00

$8.25

$8.50

$8.75

Grade IV

$9.50

$10.25

$11.00

$11.75

$12.50

$13.25

$14.00

 

Phase II: When Governor Richardson signs the new statewide minimum wage into law, there will be a further adjustment to all steps and grades to calibrate with the new statewide miniumum wage. The current proposed scale across steps and grades is as follows:

Phase II: Proposed Pay Scale: effective date in law when signed

Proposed 1/1/2008

Step I

Step II

Step III

Step IV

Step V

Step VI

Step VII

Grade I

$6.50

$6.75

$7.00

$7.25

$7.50

$7.75

$8.00

Grade II

$7.00

$7.25

$7.50

$7.75

$8.00

$8.25

$8.50

Grade III

$7.50

$7.75

$8.00

$8.25

$8.50

$8.75

$9.00

Grade IV

$9.50

$10.25

$11.00

$11.75

$12.50

$13.25

$14.00

Please note that this proposed wage scale is tentative.

For information about changes to the UNM Student Employee wage scales, contact the Office of Student Employment at 505-277-6925.

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