Mexico Approves Increase to Daily Minimum Wage for 2016

By Monica Schiaffino and Rodrigo Espiritu Santo, © 2016 Littler Jan 11, 2016
LIKE SAVE PRINT
Reuse Permissions

The National Commission on Minimum Wages (Comisión Nacional de los Salarios Mínimos or CONASAMI) approved a general minimum wage increase of 4.2 percent, effective Jan. 1, 2016.

The wage increase will raise the general minimum wage from $70.10 Mexican pesos per day (currently, approximately $4.08 USD) to $73.04 Mexican pesos per day (currently, approximately $4.25 USD). Besides publishing the increase to the general minimum wage, CONASAMI published the new minimum wage for various occupations and industries. CONASAMI’s list of all new minimum wages can be accessed here.

Employers should review their payroll practices and implement any required changes to comply with this wage adjustment.

Mónica Schiaffino and Rodrigo Espiritu Santo are attorneys in the Mexico City, Mexico, office of Littler. Reprinted with permission. © 2016 Littler. All rights reserved.

LIKE SAVE PRINT
Reuse Permissions

SHRM CONNECT

Join SHRM's exclusive peer-to-peer social network

Join Today

Job Finder

Find an HR Job Near You
Post a Job

SPONSOR OFFERS

Find the Right Vendor for Your HR Needs

SHRM’s HR Vendor Directory contains over 3,200 companies

Search & Connect