Decrypting Mexico's Labor Environment

With a mixture of emerging and booming economies, political uncertainty and extreme contrasts in business customs, the Americas can never be categorized as one homogeneous whole.

Mexico offers investors and businesses a land of opportunity that rivals any other emerging market, but doing business can be a time-absorbing task, which is why having local knowledge as part of the venture is crucial.

Here we take a look at how HR & Payroll works in Mexico.

Social Security System

• All employers are required to be registered themselves, and their employees in front of the Mexican Social Security Institute, which provides them with benefits for job-related and other disabilities, and pension and death benefits