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Linkeazi is a comprehensive human resources service agency that specializes in talent recruitment, talent management, compensation optimization, and payroll administration in Mexico.
One of the best practices you can have regarding labor laws in Mexico as a company is to sign a well-drafted contract with your employees. The company is responsible for having a written labor contract that complies with all the formalities stated in the law. So let us look at these formalities, stated in Article 25 of Mexico’s Federal Labor Law.
PTU in Mexico is the statutory requirement for locally-based companies to share a portion of their profits with their employees, and something that investors must take into account when planning a market entry.
This guide on employee benefits in Mexico goes into greater detail on statutory benefits and elective perks companies can offer.
Statutory holidays are legislated at a federal level and dates given as a holiday by statute are termed locally as “Dias Feriados.” There are currently ten statutory holidays in Mexico, as well as a range of civic holidays and regional/national festivities.
Christmas bonus in Mexico or aguinaldo is one of the most important employee benefits in the country. If you wish to start a business in Mexico and hire employees, reading this article is a good idea.