To hire new employees in
Mexico
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Mexico
while staying fully compliant with local laws and compliance.
Spanish
Mexican peso ($, MXN)
Semi-monthly
7 days
39.69%
$$ (92 of 140, 2023)
12 - 20 days
Up to 52 weeks
12 weeks
In many countries like
Mexico
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
The general minimum daily wage is MXN 312.41 for the 432 municipalities that integrate the Economic Free Zone of the Northern Border, and MXN 207.44 for the rest of the country.
200% of the hourly rate, the first eight hours of overtime during a week
300% of the hourly rate, overtime hours above the first eight hours
Mexico has a mandatory 13th month salary, which must be paid by December 20th every year.
For all Borderless customers, payments will be made in semi-monthly installments by the 15th and 30th of each month.
Dismissal can be justified relating to the employee's conduct, while termination can be for economic reasons, employee's incapacity, casualty, or death.
Neither employers nor employees have the obligation to notify the other party in advance of a dismissal or resignation. Notice obligations for employees are not enforced under Mexican law.
Employers can place a probationary period of 30 days if the contact is longer than 180 days.
Employees terminated without cause may claim the following:
Employees terminated without just cause may be reinstated to their former job instead of severance.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.