Highlights
- Mexico's National Minimum Wage
Commission announced its decision to increase the general minimum
wage to 123.22 Mexican pesos (approximately US$6.50) a day in
2020.
- The 20 percent increase is intended
to boost the buying power of Mexican consumers and strengthen the
nation's economy.
Mexico's National Minimum Wage Commission (Conasami)
approved increasing the general minimum salary to 123.22 Mexican
pesos from 102.68 Mexican pesos, representing a 20 percent gain.
The increase takes effect on Jan. 1, 2020. Minimum wage for the
North Border Free Zone, which already has a higher minimum wage,
will rise by only 5 percent, to 185.56 Mexican pesos per day.
Minimum pay for professionals also will increase by only 5 percent.
The announcement was made on Dec. 16, 2019.
