Today, December 1, 2022, the National Commission of Minimum Wages (CONASAMI) approved the wage increase which would be in force as of January 1, 2023, which is why the Mexican government informed that the general minimum wage will increase from $172.87 pesos to $207.44 pesos per day, which represents an increase of 20%. Said increase is composed of $15.72 direct pesos as Independent Recovery Amount (Monto Independiente de Recuperación), plus 10% as a fixed increase...
