Has May already ended and your employer hasn’t paid you your profits? What you should know

According to Federal Labor Law (LFT)one of the legal benefits to which workers in the Mexican formal sector are entitled is the profit sharing by companies and employers.

Under this understanding, it will be necessary to remember that It was last May 30, 2024, when the legal period established in Mexican laws expired. so that companies could pay their employees the profits generated during the last fiscal year. Under this understanding, it is important to know what to do if you have not received them.

Thus, according to current Mexican labor standards, if companies have not paid their workers the profit distribution on May 30 this year, those affected can file a complaint with the Worker’s Defense Attorney’s Office (Profedet).

Thus, to file a complaint for non-payment of profit sharing, affected workers can send a letter to the email “[email protected]” or you must go to one of the offices of the Labor Defense Attorney (Profedet).

Meanwhile, if an employee wants it to be carried out an inspection visit to your workplace, you will have to go to the General Directorate of Federal Labor Inspection.

However, it should be taken into consideration that workers who work for employers, that is, natural persons with business activity, who have not yet received the profits, can receive this extra money until next June 29deadline established in the LFT.

How much should they pay you?

On the other hand, regarding the money corresponding to the distribution of profits, the Federal Labor Law establishes that workers can participate in the distribution made by the employer, according to the percentage determined by the National Commission for the Participation of Workers in the Business Profits, which currently is 10 percent of net profits, which will be divided into two equal parts.

In this sense, according to what is indicated in article 123 of the LFT, the first part of that 10% of profits It will be divided by the total number of workers that the company or employer has, with the aim that each one receives the same amount, regardless of their salary.

Meanwhile, the another half of 10% of profits It will be distributed according to the amount of wages received by each employee, for which the amount that the worker receives in cash per daily quota will be considered. If the payment has changed, the average income obtained over the course of the year will be taken into account.

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