Minimum wage mexico. 70 pesos per day as of 2022, or about $7 per day in dollars.

Minimum wage mexico. Professional minimum wages for 61 different professions and trades will also receive a 12% boost Quick Hits Effective January 1, 2024, the daily minimum wage applicable will be MXN $374. Dec 4, 2024 · Mexico has decided to increase its still strikingly low daily minimum wage by 12% next year. Jul 25, 2025 · UMA is replacing Mexico's 'minimum wage' as a basis for official calculations. In rural areas many of the basic jobs offer this rate. In the Northern Border Free Zone, the A full time minimum wage worker in New Mexico working will earn $480. Mexico’s Minimum Wage Commission has set a new daily wage increase for 2023. Starting January 1, 2025, the minimum wage for tipped employees will be $7. Discover the updated minimum wage in Mexico, its significance, and how it influences living standards and economic dynamics in the country. Dec 4, 2024 · Workers in Mexico are expected to see a 12 percent increase in minumum wage next year, following an announcement this week. Jul 21, 2025 · This year, the minimum wage in Mexico rose to 248. This is the eighth consecutive year of double-digit percentage increases, but lower than the previous years. Dec 4, 2024 · Mexico announced Wednesday that it will increase its still strikingly low daily minimum wage by 12% next year. The Council of Representatives of the National Commission on Minimum Wages (CONASAMI) unanimously approved a 12% increase in the general daily minimum wage, effective as of January 1, 202 Dec 12, 2024 · On Jan. Feb 10, 2025 · Living Wage Calculation for New Mexico The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The National Commission on Minimum Wages (Comisión Nacional de los […] Jan 1, 2024 · As of January 1, 2024, the minimum wage in Mexico will increase by 20 percent, which will benefit up to 6 million workers in the central and southern areas, as well as the northern border strip of the country. Read on and discover more. 44 pesos per work day Dec 4, 2024 · MEXICO CITY (AP) — Mexico announced Wednesday that it will increase its still strikingly low daily minimum wage by 12% next year. Mexico has seen some of the most significant real minimum wage increases in the world over the past six years. 89 per day. This represents a 20% increase in both zones. 50 per hour if the employee’s employer provides healthcare and/or childcare benefits to the employee during any pay period and the employer pays an amount for these benefits equal to or in excess of an annualized cost of $2,500. Compared to last year, this figure has increased by 11. Aug 4, 2025 · The minimum wage in Mexico increased by 12% at the beginning of the year. However, there is a higher minimum wage for workers in the Northern Border Free Zone, set at MX $374. Compare the general and border zone rates, see the historical data, and find strategies to manage payroll effectively. Dec 13, 2024 · On December 4, 2024, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase Mexico’s general minimum wage to… Dec 12, 2024 · President Claudia Sheinbaum announced the adjustment plans of the minimum wage in Mexico for 2025. In states that do not set a minimum Jan 2, 2023 · Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 20% for 2023—to $207. Even compared to some developing countries in Eastern Europe (example, Albania), Mexico's average can be lower. Aug 1, 2024 · This research note first explores Mexico’s minimum wage data from 1980 to 2023 to grasp its spatial and temporal trends. This page provides - Mexico Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. 00 per hour minimum wage supersedes the City MEXICO’S LABOR OUTLOOK FOR 2024 The legislative transformation resulting from the TMEC negotiations, the impact of the minimum wage increase, collective bargaining, and the labor legislative agenda for 2024. Mexico’s minimum wage previously sat at 88 pesos per day when Mexican President Andrés Manuel López Obrador (AMLO) first took office in 2018. 86), up from 248. Businesses should be aware that the state will enforce the highest available rate. Explore the minimum wage in Mexico, including legal requirements, sector standards, and what they mean for employers. Read this guide to learn more about hiring in Mexico. 88 pesos per day. The Mexican minimum wage is 141. Since 2019, the general minimum wage has nearly tripled, and in 2025 alone, it's increased by another 12%. May 27, 2025 · Explore the average salary in Mexico for 2025 in both pesos and USD. 80 Mexican pesos. This prevailing wage is $12. 89 (approximately USD $21. The minimum wage in 2024 in Mexico is $21. The general daily minimum wage increased to 278. 88 (approximately USD $20. This is no small feat, especially if we take into account that the policy neither led to feared job losses nor price increases. Discover the average salary in Mexico, wage comparisons by profession, minimum wage insights, and how Mexico's salaries stack up globally. In the Northern Border Free Zone, the minimum wage will increase from MXN $374. Under the new rates, workers will earn $312. Discover new income thresholds, why you should apply now, Jan 1, 2025 · On December 4, 2024, the Ministry of Labor and Social Welfare announced an increase to the daily minimum wage that will be applicable in Mexico for 2025. minimum wage, underscoring economic disparities and growing financial pressure despite wage hikes. This increase is in accordance with an amendment to the New Mexico Minimum Wage Act signed into law by Governor Lujan Grisham on April 1, 2019. Mexico has two minimum wages: the General and the northern border area. 93 pesos per day and $374. 41 to $374. The minimum wages have been increased for the following: Minimum Wage in the country, except the Free Trade Zone, for General Workers from MX$248. Jul 25, 2025 · President Claudia Sheinbaum confirmed that the minimum wage will increase by 12% starting January 1, 2026. However, the State of New Mexico’s $12. Consequently, there is no single minimum wage in Mexico and minimum wages for occupations are announced every year for different geographical areas/zones. Jan 1, 2025 · Mexico's government announced that the daily minimum wage will rise from $248. 1, after government, business and labor leaders agreed to the increase late last year. Official salary and general information about Mexico. 80 Mexican pesos per day, which is equivalent to 14 U. Dec 4, 2024 · MEXICO CITY (Reuters) - Mexico's government announced on Wednesday that it will raise the minimum wage by 12% starting next year in a bid to help the poorest workers, as the new leftist president Oct 3, 2024 · Mexican President Claudia Sheinbaum said she plans to hike the minimum wage by about 12% in 2025 and subsequent years, increases that would be well above inflation in Latin America’s second Jan 1, 2022 · Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 23% for 2022 Aug 4, 2025 · The minimum wage in Mexico increased by 12% at the beginning of the year. 89 to MXN $419. The National Minimum Wage Commission (CONASAMI) determines the national minimum wage. 1 to 248. Dec 4, 2024 · Mexico's minimum wage will increase 12% to 278. 00 per hour. In the north of Mexico, in the states that border the US, workers enjoy a higher minimum wage of MX$213, over US$10 per day. 1, 2025, Mexico’s general minimum wage increased 12% due to inflation adjustments. 99%. 00 per year. It Dec 4, 2024 · Obligations to Consider in 2025 for Compliance Minimum Wage. The current minimum wage in most of the country is 248 Jan 18, 2025 · Minimum Wage The Mexican constitution provides for a minimum wage set for different geographical areas/zones and for different occupations/branches of economic activity. With the latest increase, however, Mexico’s minimum wage is now greater Minimum Wages in Mexico for 2025 Salarios Mínimos en México para el 2025 Diciembre de 2024 Salario Mínimo General. “Since 2018, the purchasing power of the daily minimum wage has increased by 125%. 1. 93 to 278. 46 pesos along the northern border, approximately $17 and $25 USD, respectively. Beginning January 1, 2023:State minimum wage: $12. 46 pesos (14,113. 1, 2025, Mexico’s general minimum wage will increase 12% due to inflation adjustments. 93 pesos (about US $14. 1 per month, that is 3,457 euros per year, taking into account 12 payments per year. 93 pesos a day rate. The increased general minimum wage comprises the 2023 minimum wage, plus the sum of an Independent Recovery Amount of $41. Jul 24, 2008 · Minimum wage is the lowest hourly, daily or monthly wage that businesses may legally pay to employees or workers. Dec 1, 2023 · Mexico's president says its minimum wage will rise by 20% in 2024, to the equivalent of about $14. These means that at current exchange rates, a person making minimum wage makes about $15 USD a day. 5 Mexican pesos and accordingly, the national minimum wage has been raised 899 Mexican pesos per month from Jan 2, 2025 · On Jan. 89 pesos per work day. Tipped employees are guaranteed to earn the minimum wage when tips are included. MEXICO CITY (AP) — Mexico announced Wednesday that it will increase its still strikingly low daily minimum wage by 12% next year. 21%, with the goal of boosting the purchasing power of workers earning the minimum wage. Dec 5, 2024 · How much will the minimum wage in Mexico increase by in 2025? The federal government has announced a 12% increase to the minimum wage for 2025, which means an adjustment in the wages of workers in two main categories: Workers located in this zone will see a significant increase, going from 374. Information for Workers The New Mexico Department of Workforce Solutions enforces workers’ rights regarding wages and work hours, child labor, and human rights. 88 per hour. 20. 75) per day in most of the country, the government announced Wednesday. 00 per hour and specific provisions for tipped employees, employers must remain compliant with wage laws, posting requirements, and record-keeping obligations. The rate for 2024 along the ‘Northern Border Zone’ will be increased from $312. Dec 19, 2024 · Article 123, Section A, Paragraph VI of the Mexico Constitution establishes the basis for Mexico’s federal minimum daily wage. 50) for the rest of the country. 58 pesos per day, more than doubling from Jan 2, 2025 · Starting Jan. 93 Mexican pesos, the National Commission on Minimum Wages said in a news release (Spanish). But because the Mexican peso has dropped by 18% in value over the last year, the increase actually marks a slight drop in constant dollar terms. 93 pesos per day, but there are other variables you should know as a freelancer or employer. The adjustment, announced during the Banking Convention in Nayarit, will raise daily wages to 312. Minimum wages in Mexico is determined per day. e literature has examined the impact of minimum wage adjustments on employment levels, worker earnings, poverty, and inequality. An 11. Employers, unions, and the government approved a 20% increase in next year’s general minimum wage during the early hours of this Friday. Contact one of the Labor Relations offices Jan 1, 2025 · However, the State of New Mexico’s $12. 44 pesos per work day Apr 25, 2025 · Learn about the key regulations governing employee pay in Mexico, including minimum wage, overtime, and other compensation rules Dec 9, 2024 · On December 4, 2024, the Ministry of Labor and Social Welfare announced an increase to the daily minimum wage that will be applicable in Mexico for The minimum wage in Mexico will reach $374. 50 pesos per hour. Oct 3, 2024 · MEXICO CITY, Oct 3 (Reuters) - Mexican President Claudia Sheinbaum hopes to increase the country's minimum wage by around 12% starting next year and for every year after that, she said on Thursday. The primary body of legislation regarding the minimum wage is the “ Ley Federal del Trabajo,” specifically articles 90-95, which outline the country’s core labor laws. Dec 20, 2023 · 2024 minimum wage increases in Mexico, reflecting a 20 percent rise to promote social equality and comply with international agreements Jun 12, 2025 · Mexico’s middle class earns less than U. Feb 5, 2024 · Explore the minimum wage in mexico with it's key rates, regional variations, and impacts on workers and the economy in our comprehensive guide. 26 pesos for the Northern Border Free Zone and $27. 25 pesos (approximately 9,367. The government updated it in January 2025, increasing the general minimum wage from $248. 25 per day. Employers hiring in Mexico should be aware of these laws and their provisions. 1, 2024, in line with Mexico’s inflation. Explore updates, challenges, and the impact on workers in an in-depth article, using LSI keywords like labor laws, living standards, and economic conditions. Here we explain all the details about the current amount and how it is calculated. Under the Federal Fair Labor Standards Act, states and localities are permitted to set their own minimum wage rates, which will take precedence over the Federal minimum wage rate if they are higher. As a The minimum wage, the lowest hourly amount that an employee may be paid for their labor, is determined by both state and Federal labor laws in the United States. 80 (approximately USD $13. 80 per day; and Minimum Wage in the Free Trade Zone of the Northern Border, for General Workers from MX$374. 70 pesos per day as of 2022, or about $7 per day in dollars. 5 days ago · Mexico’s statistics agency says more than 8. Jul 9, 2024 · In addition, during the same period, real minimum wages increased by 86. The three-party minimum wage commission, made up of government, labor and business Dec 4, 2023 · On December 1, 2023, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase the general minimum wage to $248. Dec 23, 2024 · The Senate of the Republic approved a resolution mandating that minimum wages be adjusted annually, at least in line with inflation, to prevent the loss of purchasing power and benefit low-income workers. 6%, making Mexico the country with the highest real minimum wage increase since pre-pandemic levels in the entire organization. Dec 5, 2024 · Mexico's minimum wage will impact 61 professions including journalists and skilled trades, with continued annual increases planned. Jul 25, 2025 · Mexico City, Mexico — President Claudia Sheinbaum has confirmed a 12% increase to Mexico’s minimum wage, effective January 1, 2026. org and Wageindicator. 88 per day. 00 per week, or $24,960. Breakdown of the Aug 8, 2025 · The minimum wage in Mexico is the lowest amount an employer is legally required to pay a worker. 5 basic baskets by 2030. Oct 3, 2024 · MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum hopes to increase the country's minimum wage by around 12% starting next year and for every year after that, she said on Thursday. If we look at the minimum salary in Mexican pesos, which is the official currency in Mexico, we can see that, this year, it was 5,393. Minimum Wage Increase A three-party commission comprising Jan 23, 2024 · Mexico's 2024 update to labor laws employer compliance regulations and guidelines revised government monetary payment calculation, and increased minimum wage Dec 19, 2024 · On December 4, 2024, the National Minimum Wage Commission agreed to increase Mexico's general minimum wage to $278. Tipped Minimum Wage $3. What is the minimum wage in Mexico? Below are the listed minimum wages for Mexico for 2024. Most of the country is at 248. Underneath the Oct 10, 2024 · Mexico's annual minimum wage increases must be above inflation levels, according to a newly approved constitutional reform. Quick Hits Effective January 1, 2025, Mexico’s daily minimum wage will increase by 12 percent. . 88 pesos per day in the Free Economic Zone of the Northern Border, effective January 1, 2025. Whether you’re a business owner or an HR manager, this Jan 1, 2024 · Mexico’s Daily Minimum Wage for 2024 As of January 1, 2024, Mexico’s daily minimum wage will rise from to $207. 80 pesos per day, and to $419. Many an earnest sounding analyst will hand-wring, concerned about how the doubling of the minimum wage since the arrival of Sheinbaum’s predecessor in 2018 does not reflect Mexico’s productivity, which has not made up the fall it Dec 1, 2022 · Mexico’s minimum wage will increase by 20% from 2023, the government announced on Thursday after it reached a deal with the labor and business sector. Find the state, federal, Albuquerque, Bernalillo, Las Cruces, Santa Fe and Santa Fe County wages here. Dec 6, 2024 · On December 4, 2024, the Ministry of Labor and Social Welfare announced an increase to the daily minimum wage that will be applicable in Mexico for 2025. 93 to $278. 1, Mexico’s National Minimum Wage Commission (Conasami) announced it will be raising the nation’s minimum wage to 248. Dec 11, 2024 · A quick test to see who’s out of touch in Mexico is to ask someone what they think about president Claudia Sheinbaum’s 12% increase in the minimum wage. 80 pesos per day, except for those who belong to the Free Zone of the Northern Border. 5 Mexican pesos and accordingly, the national minimum wage has been raised 899 Mexican pesos per month from Oct 19, 2024 · Mexico News Daily CEO Travis Bembenek offers some counterarguments to the idea that increasing Mexico's minimum wage is bad for business. Country comparison, you can compare any two countries and see the data side by side. Dec 1, 2023 · Mexico's minimum wage will rise 20% starting from Jan. 1, Mexico's minimum wage rose to MX$8,475 per month, marking a 135% increase since 2018. Dec 2, 2022 · Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the government reached an agreement, officials said on Thursday, although some critics warned the Dec 4, 2024 · Mexico's government announced on Wednesday that it will raise the minimum wage by 12% starting next year in a bid to help the poorest workers, as the new leftist president pledged the hike will Dec 19, 2022 · New Mexico Department of Workforce Solutions’ (NMDWS) advises employers and workers that New Mexico’s minimum wage is increasing, effective Sunday, January 1st, 2023. 8 pesos monthly) in the Northern Border Free Zone. 89 pesos per day to 419. Oct 4, 2024 · President Claudia Sheinbaum would like to see Mexico’s minimum wage increase by around 12% per year during her six-year term in government. The northern border area Jan 25, 2024 · Mexico's National Minimum Wage Commission has increased the minimum wage, effective as of Jan. 93 pesos per day to 278. New Mexico's minimum wage rate as of f, 2025 is $12. Our goal is for the minimum wage to cover 2. Dec 6, 2023 · Minimum professional salaries will also receive a 20% increase. Today, it covers 1. 00 per hour minimum wage supersedes the City’s minimum wage with the benefits credit and is the prevailing wage. Sep 24, 2024 · Understanding Mexico’s minimum wage is crucial for businesses and employees alike, especially with the recent wage increases aimed at improving the standard of living. Professional minimum wages for 61 different professions and trades will also receive a 12% boost. 80 pesos per work day as of January 1, 2025. The minimum wage increase will take effect throughout the Mexican Republic Jan. On Jan. How does Mexico's minimum wage compare to the minimum wage in other countries? Mexico's yearly minimum wage is $1,753. 93 pesos per day in the rest of the country starting next year. dollars. Feb 7, 2025 · Stay updated on minimum wage laws in Mexico, including rates, industry trends, and tips for staying compliant with 2025 regulations. 93 per day. Dec 5, 2024 · Mexico announced increases to minimum wages established by the National Minimum Wage Commission that will take effect in 2025. Dec 17, 2024 · On Jan. 93 pesos per day beginning Jan. Minimum Wages in Mexico remained unchanged at 278. Feb 18, 2025 · Minimum wage in Mexico has surged by 90% since 2018, impacting over 22 million workers and reshaping economic policies. Over the past 5 years, Mexico's minimum wage has increased by 155. 44 to $248. This unanimous decision, announced by the National Minimum Wage Commission, reflects a collaborative effort among government, labor, and business representatives to improve living standards nationwide. Learn what this means for Mexico’s manufacturing wages. 21% increase in UMA. 89 pesos per day in the Northern Border Zone and $248. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. 93 to MX$278. Dec 4, 2024 · Mexico's government announced on Wednesday that it will raise the minimum wage by 12% starting next year in a bid to help the poorest workers, as the new leftist president pledged the hike will Dec 1, 2023 · Mexico's minimum wage will increase 20% on Jan. How Minimum Wage is Established The National Minimum Wage Commission (Comisión Nacional de los Salarios Mínimos, or CONASAMI) is the official body responsible for setting the minimum wage in Mexico. S. 6 days ago · In 2021, the minimum wage in Mexico was about MX$141 per day, around US$7. 8 Dec 12, 2024 · Read in Spanish/Leer en Español. 8 Mexican pesos in 2025. Jun 26, 2025 · Discover the current minimum wage in Mexico and its regional variations. Abstract: e decline of the real value of the minimum wage amid trade liberalization in Mexico has raised concerns about its policy effectiveness and unintended consequences. Dec 1, 2023 · Mexico City — The National Minimum Wage Commission’s Council of Representatives (Conasami) agreed to increase the minimum wage in Mexico to 248. 93 (approximately USD $14. 76) and MXN $419. Dec 13, 2024 · On December 4, 2024, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase Mexico’s general minimum wage to $278. 25 pesos per day in most of the country and $470. org, 2025 Disclaimer The Minimum Wage tool is powered by WageIndicator’s data. 89 pesos per day in the Free Economic Zone of the Northern Border, effective January 1, 2024. Explore factors influencing wages, regional variations, and opportunities for career growth in different industries. Certain cities and counties enforce their own minimum wage. The change took effect on 1 January 2025. 1, 2024 Nov 29, 2024 · Mexico’s new president is aiming for annual double-digit minimum wage hikes during her term that, along with other planned employer mandates, could increase labor costs. New Mexico Minimum Wage laws covering New Mexico Minimum wage in 2025, tips, subminimum wages, and more! Mexico’s Minimum Wage Increased by 20% for 2023 Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 20% for 2023—to $207. 80 pesos (US $13. The New Mexico Department of Workforce Solutions enforces the state and federal minimum wage. Jan 5, 2025 · New minimum wage in Mexico The minimum wage that workers will receive nationwide in 2025 will go from 248. So if consulates continue d to use the minimum wage model, then income and savings requirements will also go up. 80 Mexican pesos (US$13. Jan 1, 2025 · Mexico has recently increased the national minimum wage by 12% and the Unit of Measurement and Update (UMA) by 4. Aug 5, 2025 · The higher wage in the Northern Border Free Zone addresses the increased cost of living and economic activity prevalent in these border regions. Increase to Mexico’s Unit of Measure. International Currency is a measure of currency based on the value of the United States dollar in 2009. 1, 2025, Mexico's general minimum wage will increase 12% due to inflation adjustments. 72) for the Free Zone of the Northern Border. In an interview with Bloomberg Línea, Munguía proposed a more moderated approach to There are multiple wage ordinances in New Mexico. Learn about wage trends, labor costs, and how outsourcing can save you up to 80% with Workstaff360. On December 4, 2024, the National Commission on Minimum Wages (Comisión Nacional de los Salarios Mínimos or CONASAMI) approved a 12 percent increase to the minimum wage which entered into force on January 1, 2025. National Commission on Oct 9, 2024 · MEXICO CITY (Reuters) - Mexico's Senate unanimously passed a constitutional reform guaranteeing the country's minimum wage will be revised annually to at least match inflation. Mexico's minimum wage was last changed in 1-Jan-2016. 3 million people in Mexico were pulled out of poverty between 2022 and 2024. The Minimum Wage in Mexico The Labor Law provides the existence of a general minimum daily wage, which is defined as the minimum amount of money that a worker must receive for services rendered within a working day. 93 pesos per work day. Dec 5, 2023 · By KELIN DILLON On Friday, Dec. 99% increment compared to the previous year. 83) for the Free Zone of the Northern Border (Zona Libre de la Frontera Norte, ZLFN) and MXN $248. 1, the country’s minimum wage council said. 1 next year, President Andres Manuel Lopez Obrador said on Friday, in a move which analysts signaled could put pressure on easing inflation Dec 5, 2024 · Mexico City – Starting January 1, 2025, workers in Mexico will benefit from a 12% increase in the daily minimum wage. 93 pesos per day for 2024, the final year of President Andrés Manuel López Obrador ’s six-year term. The daily wage will rise from 248. But because the Mexican peso has dropped by 18% in value over Nov 27, 2023 · The government determines the minimum wage in Mexico, which is raised yearly. Effective January 1, 2025, the City of Albuquerque minimum wage will be $10. 5 pesos monthly) in most of the country and 470. Dec 4, 2023 · Mexico City — Mexico’s National Minimum Wage Commission (Conasami) President, Luis Munguía, has emphasized a need to set limits on the minimum wage hikes in Mexico during the next six-year presidential term, in order to prevent adverse economic effects, potentially in the shape of layoffs or price hikes. May 14, 2025 · On a monthly basis, the wage would increase from MX$8,475 to MX$9,494, bringing it closer to the average formal sector income of MX$10,350 in 2024, according to Coneval. https://wageindicator Dec 16, 2024 · Mexico’s daily minimum wages will increase Jan. Mar 6, 2025 · Minimum wage & UMA increased in Mexico came into effect on December 4, 2024 with a 12% increase in minimum wage and 4. Minimum and average wage in Mexico According to official information from the Mexican Ministry of Labor, from January 1, 2025 the minimum wage in Mexico is 278. Jun 4, 2025 · The minimum wage per day guaranteed by law in Mexico was decreed to increase by approximately 12 percent between 2024 and 2025, reaching 278. Mexico has a national minimum wage law, which as of 2024, sets the general minimum wage at MX$ 248. May 19, 2024 · Entertainer at hotel 16,000-20,000 pesos a month. Jan 6, 2025 · Learn how Mexico's minimum wage increase in 2025 impacts residency visa requirements. This article provides an overview of average labor rates and wages in Mexico for factory workers and describes how payroll costs are calculated in Mexico. 00 per hourState tipped minimum Oct 3, 2024 · Mexican President Claudia Sheinbaum said she plans to hike the minimum wage by about 12% in 2025 and subsequent years, increases that would be well above inflation in Latin America’s second-largest economy. Dec 5, 2024 · Mexico's 12% minimum wage hike for 2025 aims to boost living standards despite peso depreciation and inflation. Here you have the comparison of Mexico vs United States, Minimum wages Feb 7, 2025 · Learn about Mexican employment-related laws being implemented or amended in 2025 including the Chair Law Ley Silla and increase in the minimum wage and app-based cou Dec 11, 2024 · The National Minimum Wage Commission (CONASAMI) approved the increases to the minimum wage of Mexican workers and those corresponding to 61 professions, occupations and special jobs for 2025. 00 in International Currency. Jun 17, 2025 · Learn about the average salary in Mexico and how it reflects economic trends. 00 / hour The tipped wage is the base wage for employees who earn tips (such as servers and bartenders). Aug 12, 2025 · Conclusion New Mexico’s minimum wage laws provide a standardized wage structure across industries, ensuring fair compensation for workers. However, findings from different sample periods and regions still need to be reconciled. 80. It is designed to cover a household’s basic needs, including material, social, and cultural aspects, and support children’s mandatory education. The applicable daily minimum wage will be MXN $278. More information is available at Minimum Wages around the World (English) Minimum Wages News Minimum Wage and Labour Law Minimum Wage Regulations About the Minimum Wages Database (English) This page is maintained by Misalario. Mar 8, 2023 · Minimum-wage workers in Mexico received a 20 percent raise effective Jan. Jan 3, 2025 · Mexico’s minimum wage is a right stated in the Mexican Constitution. Jan 8, 2025 · Learn about the latest changes and trends in Mexico's minimum wage, which affects one-third of the country's workers. The hike is part of Sheinbaum’s broader policy to ensure the minimum wage equals the cost Aug 5, 2025 · The minimum wage in Mexico has more than doubled in real terms over the last six years. In 2024, the national minimum wage in Mexico remained fixed at €288. Oct 10, 2024 · Mexico's Senate unanimously passed a constitutional reform guaranteeing the country's minimum wage will be revised annually to at least match inflation. 89 to MX$419. 40 pesos for the rest of the country, and an additional 6% increase. This was partly because the Mexican minimum wage was well below those of other Latin American countries. If you want to start a business in Mexico, it is essential to know this. This article describes how it affects applications for legal residency. Aug 9, 2025 · Mexico’s minimum wage is going up 12% in 2026. Jan 1, 2025 · The minimum wages have been updated in Mexico with effect from 01 January 2024. This guide provides a detailed overview of how Mexico’s minimum salary works, including the latest updates, challenges, and strategies for managing wage changes. 50) per day in most of the country, AMLO announced Friday. In households with two working adults, all hourly Oct 10, 2024 · Mexico’s Congress approved a constitutional reform proposed by former President Andres Manuel Lopez Obrador that would require annual minimum wage increases be higher than the previous year’s Dec 1, 2023 · Mexico’s president said Friday the country’s minimum wage will rise by 20% in 2024, to the equivalent of about $14. Access key insights into Mexico's labor market and economy. With a state minimum wage of $12. 93 MXN/Day in June. 00. fjly pupf xkhhd xfdajs onbsz kpo peyyx vsc maog cqgtqms