The Employers’ Confederation of the Mexican Republic (Coparmex) urged businessmen and organizations that have operations in the Mexican national territory to, once and for all, increase the minimum wage of their workers.
In this sense, the Employers’ Confederation of the Mexican Republic (Coparmex) emphasized the fact that The objective of increasing the minimum wage now is to be able to guarantee family well-being.
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In this way, the minimum wage for workers in the Mexican formal sector, stated the Employers’ Confederation of the Mexican Republic (Coparmex), is that A family made up of 4 people has the income of 2 of them for the food basket and the non-food basket..
The proposal of the Employers’ Confederation of the Mexican Republic (Coparmex) that calls on companies not to wait for an increase in the minimum wage to increase this labor right is part of the proposals made by this organization in its Inclusive Development Model, which was presented at the 112th session of the International Labor Conference taking place in Geneva, Switzerland.
“We propose to organizations and companies that they do not wait for the minimum wage to reach the line of family well-being, if, to the extent of their possibilities, they pay it at once, including a proposal for a third level, that is , turn to see those who earn less”, remarked José Medina Mora, president of Coparmex.
AMLO reform proposes that the minimum wage increase be above inflation
In recent months the president Andrés Manuel López Obrador presented in the Congress of the Union a reform initiative so that the increase in the minimum wage year after year is always above the registered inflation.
According to what was stated at the time by the head of the Federal Executive Branch, the increase in the minimum wage must take into account the inflation that is being registered in the Mexican economy, so that workers in the Mexican formal sector do not lose their purchasing power.
It is in this way that the initiative to reform the minimum wage promoted by the head of the Federal Executive seeks to the increase in the salary that workers receive is always above inflation reported by the National Institute of Statistics and Geography (INEGI).
Thus, if President Andrés Manuel López Obrador’s minimum wage reform is approved, the increase would begin to be applied as of January 1, 2025, that is, when the now virtual candidate elected for the Presidency of the Republic, Claudia Sheinbaum, is governing the country.
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