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Mexico Increases Daily Minimum Wage for Geographical Zone B

|Approved Changes|Mexico
Mexico

Mexico has increased the general daily minimum wage for geographical zone B from MXN 66.45 to MXN 68.28 effective 1 April 2015. The general daily minimum wage of MXN 70.10 for geographical zone A is unchanged. It has also been announced that Mexico intends to further increase the daily minimum wage in zone B to match that of zone A in October 2015, resulting in a single general minimum wage for the whole country. Minimum wage is used in determining the minimum and maximum social security cont…

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