Benchmarking Employee Benefits in Mexico for 2019

benchmarking employee benefits in Mexico

Request Asinta’s Market and Benchmark Insight Report for Mexico and get the essential information you need to move forward in your decisions about employee benefits in the country. The report reviews statutory benefits, insured benefits, fringe benefits and perks, plan setup, and onboarding.

The following is an excerpt.

Benefit laws are determined on the federal level only. There are no state laws that require compliance. Mexican social security benefits are provisions employees must receive when beginning a new job. They are independent of the financial remuneration or wage, and they are given if an employee works for a legal entity, a natural person, or in subordinate employment (e.g. there is a schedule for starting and ending the workday). Such benefits are established by the Federal Labor Law (LFT), and it is compulsory for the employer to provide them.

 

If you have further questions about benchmarking employee benefits in Mexico please contact Asinta and we will put you in touch with Intertec.