Mexico Daily Minimum Wages Approved for 2021

Thursday, December 24, 2020

On December 16, 2020, the Mexican Nationwide Fee on Minimal Wages (Comisión Nacional de los Salarios Mínimos or CONASAMI) accepted, by majority vote, a normal improve to the every day minimal wage, together with a rise to the minimal every day wage within the Free Zone of the North Border (Zona Libre de la Frontera Norte or ZLFN)—an space that includes cities alongside or close to the U.S. border. Additionally, on December 23, 2020, CONASAMI printed the corresponding decree within the Official Gazette of the Federation.

Previous to figuring out the annual improve, the CONASAMI utilized the impartial restoration quantity of MXN$10.46 to the 2020 minimal every day wage.

The CONASAMI accepted a 6 p.c improve to the every day minimal wage on prime of the impartial restoration quantity, leaving a ultimate minimal wage for 2021 of MXN$141.70 (roughly USD$7.08).

The CONASAMI additionally elevated the every day minimal charge for the ZLFN. It will likely be a 6 p.c improve over the 2020 charge along with the impartial restoration quantity of MXN$15.75 of the present 2020 minimal wage, leading to a charge of MXN$213.39 (roughly USD$10.66) for 2021.

Together, the impartial restoration quantity and the 6 p.c improve symbolize a 15 p.c improve within the every day minimal wage.

The brand new every day minimal wage might be efficient on January 1, 2021, rising from the present charge of MXN$123.22 to MXN$141.70 (which is roughly USD$7.08). The minimal wage for the ZLFN will improve from MXN$185.56 to MXN$213.39 (roughly USD$10.66).

Moreover, two job classes have been added to the listing {of professional} minimal wages, together with:

home employees, with a 25 p.c improve over the present minimal wage, reaching MXN$154.03 every day (roughly USD$7.70); and

agricultural laborers, with a 30 p.c improve over the present minimal wage, reaching MXN$160.19 every day (roughly USD$8.00).

Pietro Straulino-Rodríguez is managing associate of the Mexico Metropolis workplace of Ogletree Deakins.

Nora M. Villalpando Badillo is of counsel within the Mexico Metropolis workplace of Ogletree Deakins.

Iván Andrade Castelán is a legislation clerk within the Mexico Metropolis workplace of Ogletree Deakins.

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