Mexico Raises Minimum Wage

The National Minimum Wage Commission announced on December 1, 2022, that the general minimum wage in Mexico would rise to $207.44 Mexican Pesos per day (beginning January 1, 2023), and to $312.41 Mexican Pesos per day in the Northern Border’s Free Economic Zone.

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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. Employers are advised to discuss and/or receive counsel from their licensed legal or accounting professional, prior to implementing any new policy or policy change.