The Chamber of Deputies of Mexico approved unanimously a constitutional reform to decouple minimum wage rates, fees, fines and other variables which are determined by the minimum wage.
The amendment received 417 votes in favor and sent to the state legislatures for analysis.
The National Minimum Wage Commission in Mexico has been reluctant with aggressive minimum wage hikes due to the fear of legal fines becoming too expensive to pay for the country’s poor. This vote seeks to separate the costs of fines from the minimum wage. Many fines in Mexico are set, as an example, 10X the minimum . . .