Minimum Wages 2021

Minimum Wages 2021

Yesterday, the National Minimum Wage Commission (CONASAMI) approved the increase to the Minimum Wages, which will be in effect as of January 1, 2021.

Accordingly, it is important to note that the approved increase for both wages will be 15%, which will result in the General Minimum Wage rising from $123.22 pesos per day to $141.70 pesos and, in turn, the Minimum Wage for the Northern Border Free Zone increasing from $185.56 pesos per day to $213.39 pesos. Likewise, two occupations are added to the list of professional minimum wages: (i) domestic workers, with a 25% increase over the Current Minimum Wage, resulting in the amount of $154.03 pesos per day; and (ii) day laborers, with a 30% increase over the Current Minimum Wage, resulting in the amount of $160.19 pesos per day. We will inform you when the indicated increases are published in the Official Gazette of the Federation, as well as of any additional matter regarding this topic. For further information, please 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