sensei
18/12/2019

General Minimum Wage 2020
We inform you that the National Minimum Wage Commission, for its acronym in Spanish (CONASAMI), agreed to increase the general minimum wage by $14.67 in Independent Recovery Amount, for its acronym in Spanish (MIR), as well as 5% of the general minimum wage and minimum professional wages, which implies a global increase of 20%. Likewise, for the North Border Free Zone, for its acronym in Spanish (ZLFN), the general minimum wage was increased by an additional 5%. Therefore, as of January 1st, 2020, entered into force the new general minimum wage which will be $123.22 and $185.56 for the ZLFN.
As already it has been establishing in previous years it was determined that the increase that represents $14.67 shall not be the basis for contractual salary reviews, since the MIR is intended to only recover the purchasing power of wages, so it should be 5% what may be taken as a reference to this, with the freedom to agree on an increase that is downward or upward from that percentage and according to the economic capacity of the employer.

General Minimum Wage 2020
sensei
18/12/2019
We inform you that the National Minimum Wage Commission, for its acronym in Spanish (CONASAMI), agreed to increase the general minimum wage by $14.67 in Independent Recovery Amount, for its acronym in Spanish (MIR), as well as 5% of the general minimum wage and minimum professional wages, which implies a global increase of 20%. Likewise, for the North Border Free Zone, for its acronym in Spanish (ZLFN), the general minimum wage was increased by an additional 5%. Therefore, as of January 1st, 2020, entered into force the new general minimum wage which will be $123.22 and $185.56 for the ZLFN.
As already it has been establishing in previous years it was determined that the increase that represents $14.67 shall not be the basis for contractual salary reviews, since the MIR is intended to only recover the purchasing power of wages, so it should be 5% what may be taken as a reference to this, with the freedom to agree on an increase that is downward or upward from that percentage and according to the economic capacity of the employer.