Published On: Fri, Jan 2nd, 2015

General Increase Of Minimum Wages In Mexico

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The Council of Representatives of the National Minimum Wage Commission agreed to grant a general increase in “minimum wages” in the two geographical areas for 2015 of 4.2 percent. The new general minimum wages for the two geographical areas that apply from 1 January 2015 are:

Geographic area “A” will be $70.10 pesos per day. This area includes the Mexico DF and its metropolitan area, the states of Baja California and Baja California Sur, the cities of Acapulco, Gro., Ciudad Juarez, Chihuahua, Guadalajara and its suburbs, Monterrey, N.L. and its metropolitan area, Hermosillo Sonora, Matamoros and Reynosa, Tamaulipas and Coatzacoalcos, Veracruz amongst others.

Geographic area “B” general minimum wage will be $66.45 pesos per day. This wage applies in states like Aguascalientes, Campeche, Coahuila, Colima, Chiapas, Durango, Guanajuato, Hidalgo, Michoacán, Morelos, Nayarit, Oaxaca, Puebla, Queretaro, Quintana Roo, San Luis Potosi, Sinaloa, Tabasco, Tlaxcala, Yucatán and Zacatecas; and in specific municipalities in the states of Chihuahua, Guerrero, Jalisco, State of Mexico, Nuevo Leon, Sonora, Tamaulipas and Veracruz not in the geographic area “A”.

Minimum Wage  Geographical Areas 2015

Minimum Wage Geographical Areas 2015 Photo: FINANCIAL RED

The Council of Representatives agreed to hold until 2015, the ongoing integration of geographical areas for the application of minimum wages and the same number of activities, professions, occupations and types of jobs for professional governing minimum wage.

With regard to professional minimum wages, members of the Council of Representatives decided to an increase  in the same proportion as done with the general minimum wage for the two identified geographic areas, retaining for each profession the same percentage of perception above the general minimum that was determined by the degree of skill required to perform it.

The Council of Representatives to establish minimum wages to be effective as of 1 January 2015, based its resolution on the following factors:

“Some recent studies indicate that governments have a considerable scope using the minimum wage as a policy tool. Research indicates that this increase has a very limited effect on employment. Moreover, several studies indicate that the minimum wage actually helps reduce wage inequality, in fact, in recent years, both in developed, emerging and developing economies, a growing number of governments have used the minimum wage as a tool for effective policy against wage inequality.”

Example of the minimum wage increase for 2015 see more at: http://www.conasami.gob.mx/t_sal_mini_prof.html

Example of the minimum wage increase in Mexico for 2015. See more at: http://www.conasami.gob.mx/t_sal_mini_prof.html

Source: Comisión Nacional de los Salarios Mínimos / TYT Newsroom

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