Minimum Wage 2016
The Council of Representatives of the Mexican National Commission of Minimum Wages (“CONASAMI”) resolved on December 11, 2015 that starting January 1, 2016, the general minimum wage for all the Mexican Republic will be $73.04 Mexican pesos per day.
The Council of Representatives of the Mexican National Commission of Minimum Wages (“CONASAMI”) resolved on December 11, 2015 that starting January 1, 2016, the general minimum wage for all the Mexican Republic will be $73.04 Mexican pesos per day.
The mentioned increase corresponds to 4.2% compared to the general minimum wage in 2015.
The aforementioned resolution could be considered for the salary revisions of collective bargaining agreements. However, we recommend analyzing each particular case on an independent basis.
Mexico City, on December 14, 2015.