Workers have a variety of labor rights under the Labor Law. Employees have some rights, such as the right to profit sharing, and they can only be fired under certain circumstances.
Foreign investors view Mexican labor law as “overprotective” and expensive if a person is fired without good reason. However, if a worker is fired without good reason, they have the right to seek job reinstatement or severance pay.
According to the Labor Law, there is a general minimum daily wage. This is the least amount of money that an employee must be paid for services done throughout a working day.
Mexico’s minimum wage is determined by the National Commission on Minimum Wages. Which is comprised of members from the government, labor unions, and employers.
The general daily minimum wage in Mexico (Salario Minimo) increased to $207.44 pesos on January 1, 2023, a 20% increase from the 2022 level of $172.87. The tariff in the “Northern Border Zone” was raised for 2023 to $312.41 pesos per workday, a 20% increase from the cost of $260.34 for 2022.
Read more about the minimum wage in Mexico here