On December 16, 2020, the National Commission of Minimum Wages published the minimum wages update, entering into force on January 1, 2021, which will be equivalent to the daily amount of MXN$141.70 M.N. while in the northern border free zone it will increase to the amount of MXN$213.39 M.N.
Such update represents a 15% increase with respect to the minimum wage in force until December 31, 2020.
Moreover, two additional professions are included in the professional minimum wages list, these are, domestic employees with a 25% increase compared to the current minimum wage reaching the amount of $154.03 M.N., and agricultural employees with a 30% increase compared the current minimum wage, reaching the amount of $160.19 M.N.
Should you have any questions or comments regarding the foregoing, please do not hesitate to contact us.
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