Tax Practice Group I December 05th, 2024

Minimum Wage Increase 2025

On December 3, 2024, the National Minimum Wage Commission (CONSAMI), comprising government, labor, and business sector representatives, reached a unanimous decision to increase the daily minimum wage for an eight-hour shift by 12% for the year 2025. This adjustment is set to take effect from January 1st, 2025.

General Minimum Wage Changes:

The daily General Minimum Wage will be increased from MXN $248.93 to $278.80. This adjustment already includes a 6.5% raise plus an additional amount of MXN $12.85 from the Independent Recovery Amount (MIR), which is intended to restore the purchasing power of workers receiving minimum wage.

Northern Border Zone Wages:

In the Northern Border Zone, the daily minimum wage will increase from MXN $374.89 to $419.88, also already adjusted by a 6.5% increase and a MXN $19.36 addition from the MIR.

Professional Minimum Wages:

Similarly, professional minimum wages across various sectors will have a 12% increase effective from the start of 2025.

These changes will be officially published in the coming days in the Diario Oficial de la Federación (Official Gazette of the Federation).

We encourage all businesses to prepare for these changes, which may affect payroll budgets and financial planning for the upcoming year. Our team is ready to assist with any inquiries you might have regarding the implementation of the new wage standards or other related matters.