Global Guide Quarterly

Global Guide Quarterly

Littler Global Guide - Mexico - Q4 2023

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Browse through brief employment and labor law updates from around the globe. Contact a Littler attorney for more information or view our global locations.

Download full Q4 2023 Global Guide Quarterly

Increased Minimum Wage

New Order or Decree

Authors: Monica Schiaffino, Shareholder, and Valeria Cutipa Hernandez, Associate – Littler

Effective January 1, 2024, the national general minimum wage increased to $248.93 pesos per day, and $374.89 pesos per day in the Free Economic Zone of the Northern Border. This represents a 20% increase in both zones. Companies must review and adjust their payroll practices to comply with this new minimum wage increase, which could also affect benefits such as the savings fund and food coupons depending on how these benefits have been agreed upon with employees and unions. Review additional details on Littler.com.

Information contained in this publication is intended for informational purposes only and does not constitute legal advice or opinion, nor is it a substitute for the professional judgment of an attorney.
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