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Mexico Increases Minimum Wages

20a-Mexico-min-wage
By Jyme Mariani, Esq. | 22 Jan 2020

In December, the Council of Representatives of the National Minimum Wages Commission (Conasami) announced an increase in the general and professional minimum wages in Mexico [Bulletin No. 022/2019, 12-23-19].

As of 1 January 2020, the general minimum wage (SMG) increases to 123.22 Mexican pesos per day of work throughout the country, with the exception of the North Border Free Zone (ZLFN). The amount was calculated by adding 14.67 pesos, figured through the Independent Recovery Amount (MIR), and includes an inflation factor of 5%. In the ZLFN, the minimum wage increases to 185.56 pesos per day, which is also a 5% increase.

In the case of minimum professional salaries for the rest of the country, the MIR of 14.67 pesos and the 5% inflation factor should be applied.

Andrés Peñaloza Méndez, President of Conasami, said that there has been a significant step in the recovery of the purchasing power of the most unprotected workers. Méndez also said the revision of the table of professional minimum wages will continue to be updated, and he emphasized correcting the cases for domestic workers and agricultural laborers.

Jyme Mariani, Esq., is Managing Editor of Payroll Information Resources for the American Payroll Association