Dear clients and friends, The resolution of the Board of Representatives of the National Minimum Wage Commission (CONASAMI) establishing the general and professional minimum wage that will go into effect as of January 1, 2020, was published today in the Official Federal Gazette (DOF).
The new general minimum wage will be $123.22 pesos, which was obtained by increasing the current general minimum wage ($102.68 pesos) by the so-called Independent Recovery Amount (MIR for its initials in Spanish) that the CONASAMI determined would be $14.67 pesos daily, plus an increase equivalent to 5%. (Current minimum wage ($102.68 pesos) + MIR ($14.67 pesos) + 5% = $123.22 pesos).