In the last week of November, the labor and employer sectors began their meetings to review the economic environment, so that in December the Council of Representatives of the Conasami will meet and an increase of 22% in the minimum wage was set, which will be in effect during the fourth year of President López Obrador’s six-year term.
The General Minimum Wage will be $172.87 (ONE HUNDRED SEVENTY-TWO PESOS 87/100 MN), which is a total increase of 22%, as explained below:
The new Minimum Wage is the result of the following operation: The sum of the amount of the 2021 salary equivalent to $141.70 (ONE HUNDRED FORTY-ONE PESOS 70/100 MN) plus the Independent Recovery Amount (MIR) plus the inflationary factor leads us to the amount raised of $172.87 (ONE HUNDRED SEVENTY-TWO PESOS 87/100 MN).
In the border area the minimum salary will be $260.34 (TWO HUNDRED SIXTY PESOS 34/100). Its integration is the same as the SMGV, that is: the sum of the amount of the 2021 salary equivalent to $213.39 (TWO HUNDRED THIRTEEN PESOS 39/100 MN) plus the Independent Recovery Amount (MIR) at the rate of $25.45 (TWENTY-FIVE PESOS 45/100 MN) multiplied by the 9% increase as an inflationary factor, which leads us to the proposed amount of $260.34 (TWO HUNDRED SIXTY PESOS 34/100 MN), which would also represent a total increase of 22%.
The general minimum wage goes from 141.70 to 172.87 pesos per day, while in the Northern Border Free Zone it goes from 213.39 to 260.34 pesos per day.
Professional minimum wages will also receive an increase of 22%.
The Representative Council of the National Commission of Minimum Wages, presided by Luis Felipe Munguía Corella, unanimously agreed to increase the general and professional minimum wages in both wage areas of the country by 22%.
This increase is in addition to those granted in 2019, of 16.2%, in 2020, 20%, and in 2021, 15%. This is the highest nominal increase since 1987, reaching the purchasing power level of 1985.
This is the third time in this administration that an increase has been achieved by consensus of the three sectors that make up the commission, and it is estimated that this increase will benefit more than 6 million people.
The current policy of increasing minimum wages has made it possible to continue recovering workers’ purchasing power, reducing income inequality by gender and strengthening the domestic market.
With the above, the Minimum Wages that will be in effect as of January 1, 2022 in the territory of the Mexican Republic are fixed.
As a reference the FLL
Article 90.- Minimum wage is the least amount that a worker must receive in cash for the services rendered in a workday.
The minimum wage shall be sufficient to satisfy the normal material, social and cultural needs of a head of household, and to provide for the compulsory education of the children.
The establishment of institutions and measures to protect the purchasing power of wages and facilitate the access of all working people to obtain satisfactory goods is of social utility.
The annual fixing of minimum wages, or the revision thereof, will never be below the inflation observed during the period of its validity.