Mexico Increases the General Minimum Wage (UPDATED)
By EsqSocial Corporation 21/12/20
On December 16, 2020, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) announced that Mexico’s minimum wage would increase to $141.70 Mexican pesos per day, effective January 1, 2021. It appears the new minimum wage was determined by adding $10.46 Mexican pesos through the so-called Independent Recovery Amount (MIR) and applying a 6% percentage increase....
By: Littler