December 5, 2024

Adjustments to Minimum Wages in Mexico for 2025

Holland & Knight Alert
Humberto Morales | Francisco García | Sean Muzquiz | Damián Gómez | Jose Manuel Marquez | Juan Carlos Torra

During the Mexican presidential morning conference on Dec. 4, 2024, the wage adjustments applicable as of Jan. 1, 2025, were announced, representing a 12 percent increase in the minimum wage as established by the National Minimum Wage Commission (Comisión Nacional de Salarios Mínimos or CONASAMI). The main changes are outlined below.

General Minimum Wage (Rest of the Country)

  • Increases from $248.93 to $278.80 MXN per day, comprised of $12.85 MXN from the Independent Recovery Amount (Monto Independiente de Recuperación or MIR) and an additional 6.5 percent for adjustment

Minimum Wage for the Northern Border Free Zone

  • Increases from $374.89 to $419.87 MXN per day, comprised of $19.36 MXN from MIR and an additional 6.5 percent for adjustment

Professional Minimum Wages, Trades and Special Jobs

  • A 12 percent increase was approved for 61 categories

It is important to highlight that the 12 percent increase for 2025 exceeds the estimated inflation rate. Historically, the minimum wage has risen from $102.68 and $176.72 MXN per day in 2019 to $278.80 and $419.87 MXN in 2025.

This is particularly relevant as President Claudia Sheinbaum, during the same morning conference, reiterated her proposal to raise the minimum wage to the equivalent of 2.5 times the cost of a basket of basic goods by the end of her administration.

Holland & Knight's Mexico Practice Team, experienced in labor and social security matters, is available to assist and support companies in reviewing 2025 wage structures and planning payroll processes. For further information, please contact the authors.


Information contained in this alert is for the general education and knowledge of our readers. It is not designed to be, and should not be used as, the sole source of information when analyzing and resolving a legal problem, and it should not be substituted for legal advice, which relies on a specific factual analysis. Moreover, the laws of each jurisdiction are different and are constantly changing. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. If you have specific questions regarding a particular fact situation, we urge you to consult the authors of this publication, your Holland & Knight representative or other competent legal counsel.


Related Insights