Increase of the Minimum Wage in 2021.
- From $123.22 pesos per day to $141.70 pesos per day in the entire country except for the free zone located on the northern border of the country, and
- From $185.56 pesos per day to $213.39 pesos per day in the free zone located on the northern border of the country.
a) Labor indexed premiums or bonuses.
b) Social Security premium.
c) Housing premium.
d) Savings funds.
e) Employment benefits, and
f) Ordinary or extraordinary labor unions premiums or fees.
It is very important that employers are aware that the reduction of the salary to an employee or the unilateral elimination of the labor benefits, is prohibited by the Federal Labor Law. Employers should be cautious with the strategies that may be implemented to impact the minimum wage increase, due to the fact that such strategies may result in labor rescission claims, labor inspections, or fines that could generate significant costs to the employers.
Our labor law specialists will be glad to assist you and answer any questions that you may have relating to this matter or any other legal aspect that may have any implications for your company or organization.
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