HRWS: Mexico Raises Minimum Wage

On 12/16/20, Mexico’s National Minimum Wage Commission (CONASAMI) announced the Country’s minimum wage would increase to $141.70 pesos per day, up $10.46 pesos. The change becomes effective January 1, 2021. In addition, the CONASAMI increased the minimum wage for the Free Economic Zone of the Northern Border to $213.39 Mexican pesos per day, also effective January 1, 2021.

CONASAMI is made up of government, employer and employee representatives who meet annually to discuss minimum wage. The employer representatives did not approve the increase, making this the first time there has been a raise without all three parties’ consent.

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The information contained in this article is intended for educational purposes and to provide a general understanding of regulatory events, legislative changes and the law – not to provide specific legal advice.