The Mexican Government has raised its daily minimum wage by 16.2 per cent effective January 1 from 88.36 pesos to 102.68 pesos. Mexicans working in the northern border will, however, see their salaries double as their minimum wage will be 176.72 pesos per day. The minimum monthly wage of $102 a month is still less than the Latin American average.
According to the Organisation for Economic Co-operation and Development (OECD), workers in Mexico work longer hours than those in any other country but earn some of the lowest salaries, according to Mexican news media.The Mexican Government has raised its daily minimum wage by 16.2 per cent effective January 1 from 88.36 pesos to 102.68 pesos. Mexicans working in the northern border will, however, see their salaries double as their minimum wage will be 176.72 pesos per day. The minimum monthly wage of $102 a month is still less than the Latin American average.#
A wage protection policy was recommended to countries with high levels of inequality as part of the UN’s 2030 Agenda for Sustainable Development. (DS)
ALCHEMPro News Desk – India
marketing@alchempro.com
