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Minimum Wage Increase in Mexico

Minimum Wage Increase in Mexico

Nov 29, 2017
Articles

As of December 1st, 2017, the minimum daily wage will increase to $88.36 pesos.

Recently the National Commission for Minimum Wages’ Counsel of Representatives agreed to grant an increase to the general minimum wage for 2018 which includes the $5 pesos per day Recovery Independent Amount (MIR per its acronym in Spanish), as well as a 3.9% anticipated increase corresponding to 2018, the aim being to benefit 1,271,000 full time employed workers that earn minimum wage.

The total increase represents 10.4% as an initiative suggested by the President of the Labor Congress and General Secretary of the Worker’s Confederation of Mexico.

Regarding the professional minimum wages valid since January 1st, 2017, these are increased by 3.9%.

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Posted by Hero Manager Nov 29, 2017 Categories: Articles

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  • The Pension System Reform
  • Resumption of deadlines for acts and procedures in charge of the INFONAVIT.
  • NEW VERSION OF THE SINGLE SYSTEM OF SELF-DETERMINATION [in Spanish: Sistema Único de Autodeterminación] (SUA) 3.6.0
  • Criteria for the return to activities for high-risk groups
  • Withholding for outsourcing services is added to Sinaloa’s State Tax.

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