Yesterday, the National Minimum Wage Commission [Comisión Nacional de Salarios Mínimos] (CONASAMI) approved the increase of the minimum wages, which will go into effect on January 1, 2021.
The increase approved for both wages will be 15%, which will result in an increase in the General Minimum Wage of $123.22 pesos daily to $141.70 pesos and an increase in the Minimum Wage for the Northern Border Free Zone of $185.56 pesos daily to $213.39 pesos.
In addition, two professions are included in the list of professional minimum wages: (i) domestic workers, with an increase of 25% with respect to the Current Minimum Wage, which will result in $154.03 pesos daily; and (ii) day laborers, with an increase of 30% with respect to the Current Minimum Wage, which will result in $160.19 pesos daily.
We will inform you when these increases are published in the Official Federal Gazette and of any other issue regarding this matter.
To obtain additional information contact our experts:
Rodolfo Trampe, Partner: +52 (55) 5258 1054 | rtrampe@vwys.com.mx
Alix Trimmer, Associate: +52 (55) 5258 1016 | atrimmer@vwys.com.mx
Alejandro Pérez, Associate: +52 (55) 5258 1054 | alperez@vwys.com.mx