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Mexico Will Increase General Minimum Wage by 15 Percent in 2021 | Holland & Knight LLP

Highlights Mexico s National Minimum Wage Commission announced its decision to increase the general minimum daily wage to $141.70 Mexican pesos (approximately US$7.10) in 2021. The 15 percent increase is intended to recover purchasing power in Mexico and meet international expectations. The minimum daily wage for the northern border was increased to $213.39 pesos. Two professions will be added to the list of minimum wage jobs: domestic workers with a minimum daily wage of $154.03 pesos, and agricultural workers with a daily wage of $160.19 pesos. The minimum wage of $123.22 established for the year 2020 was increased according to the inflation rate of six percent and an independent recovery amount (

United statesPacific partnershipMexico national minimum wage commissionWorld trade organizationHolland knightInternational labor organizationMexico national minimum wage commission la comisiNational minimum wage commissionMonto independiente de recuperaciNational councilSocial development policyConsejo nacional de evaluaciProgressive agreementTrans pacific partnershipUnited states mexico canada agreementஒன்றுபட்டது மாநிலங்களில்

Mexico to hike daily minimum wage for workers by 15%-National Post

Mexico to hike daily minimum wage for workers by 15%-National Post
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UPDATE 1-Mexico to hike daily minimum wage for workers by 15%

By Reuters Staff (Adds comment by analyst) MEXICO CITY, Dec 16 (Reuters) - Mexico is to hike the daily minimum wage for workers by 15% next year, in a move that is likely to stoke fears of inflation after President Andres Manuel Lopez Obrador’s government delivered a 20% rise in the minimum salary this year. Leftist leader Lopez Obrador, who has vowed to prioritize the poor in a country with huge wealth disparity, has said the previous minimum salaries were shameful. He has sought to reverse a decades-long slide in workers’ purchasing power that left many Mexicans impoverished. But the low wages also attracted foreign companies, especially from the United States and Canada.

United statesAbraham gonzalezAndres manuel lopezSharay anguloRichard pullinDrazen jorgicLopez obradorThomson reuters trust principlesMexico national minimum wage commissionPresident andres manuel lopezNational minimum wage commissionThomson reuters trustஒன்றுபட்டது மாநிலங்களில்அன்றேல் மானுவல் லோபஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்மெக்ஸிகோ தேசிய குறைந்தபட்சம் ஊதியம் தரகு

Mexico to hike daily minimum wage for workers by 15%

By Reuters Staff 1 Min Read MEXICO CITY, Dec 16 (Reuters) - Mexico’s National Minimum Wage Commission (CONASAMI) on Wednesday approved a 15% rise in the daily minimum wage for workers, the government said in a statement. The daily minimum salary is set to be increased to 141.70 pesos ($7.15) from 123.22 pesos currently, while in the special economic areas near the border with the United States the minimum salaries will rise to 213.39 pesos. ($1 = 19.8320 Mexican pesos) (Reporting by Sharay Angulo and Abraham Gonzalez, writing by Drazen Jorgic; Editing by Himani Sarkar)

United statesAbraham gonzalezSharay anguloDrazen jorgicHimani sarkarThomson reuters trust principlesMexico national minimum wage commissionNational minimum wage commissionThomson reuters trustஒன்றுபட்டது மாநிலங்களில்ஹிமானி சர்க்கார்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்மெக்ஸிகோ தேசிய குறைந்தபட்சம் ஊதியம் தரகுதேசிய குறைந்தபட்சம் ஊதியம் தரகுதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை

UPDATE 2-Mexico to raise workers daily minimum wage by 15% in 2021

By Reuters Staff (Adds comment by analyst) MEXICO CITY, Dec 16 (Reuters) - Mexico is to hike the daily minimum wage for workers by 15% next year, in a move that is likely to stoke fears of inflation after President Andres Manuel Lopez Obrador’s government delivered a 20% rise in the minimum salary this year. Leftist leader Lopez Obrador, who has vowed to prioritize the poor in a country with huge wealth disparity, has said the previous minimum salaries were shameful. He has sought to reverse a decades-long slide in workers’ purchasing power that left many Mexicans impoverished. But the low wages also attracted foreign companies, especially from the United States and Canada.

United statesAbraham gonzalezSharay anguloAndres manuel lopez obradorJoe bidenRichard pullinDrazen jorgicLopez obradorAlonso cerveraThomson reuters trust principlesMexico national minimum wage commissionCredit suissePresident andres manuel lopez obradorLatin americaNational minimum wage commissionThomson reuters trust