New Mexico PFML

Paid Family and Medical Leave (PFML) offers up to 12 weeks of paid leave for employees to care for a new child, a family member with a serious health concern, or their own medical condition.

Many New Mexico families live paycheck to paycheck and struggle to make ends meet. One medical issue, injury or family crisis can create serious economic disruption and harm a family’s ability to pay rent, utilities or provide food for the family.

PFML would help mitigate that problem. The Paid Family & Medical Act would establish a fund, administered by the New Mexico Department of Workforce Solutions, that would allow employees to receive a percentage of their salary while dealing with issues.

There is some opposition to the PFMLA from the business community, but it can be beneficial to  businesses, as well. Businesses that offer PFML have a competitive advantage in recruiting and retaining top talent to their company. Many large companies are likely to offer paid leave programs, but smaller, homegrown businesses can struggle to offer it.

Because the money to the employee is paid from the fund, employers can use those salary savings to pay overtime, hire a temporary employee or re-invest in their business, which keeps smaller businesses competitive.

 

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