Yesterday, the Council of Representatives of the National Minimum Wage Commission [Comisión Nacional de Salarios Mínimos] (CONASAMI) agreed on the increase of the minimum wages, which will go into effect on January 1, 2022.
The increase approved for both wages will be 22%, which will result in an increase in the General Minimum Wage of $141.70 pesos daily to $172.87 pesos and an increase in the Minimum Wage for the Northern Border Free Zone of $213.39 pesos daily to $260.34 pesos.
For the determination of the minimum wage, an addition through the Independent Recovery Amount [Monto Independiente de Recuperación] (IRM) of $16.90 pesos to the general minimum wage and $25.45 pesos to the minimum wage for the Northern Border Free Zone was used, as well as a percentage increase of 9%, respectively.
We will inform you when these increases are published in the Official Federal Gazette and of any other issue regarding this matter.
For additional information, please contact:
Rodolfo Trampe, Partner: +52 (55) 5258-1054 | rtrampe@vwys.com.mx
Alix Trimmer, Associate: +52 (55) 5258-1016 | atrimmer@vwys.com.mx
Alejandro Pérez, Associate: +52 (55) 5258 1054 | alperez@vwys.com.mx
Ricardo Rosas, Associate: +52 (55) 5258 1054 | rrosasg@vwys.com.mx