Politics · Mexico · 5 hrs ago

Mexican business group seeks tax relief during 2027 minimum wage talks

Mexican business group seeks tax relief during 2027 minimum wage talks

Concanaco Servytur is asking Mexico’s government to ease business costs during talks on the 2027 minimum wage.

The group says shorter working hours will raise employers’ costs: moving from 48 to 46 hours a week with the same weekly pay is estimated to increase the cost per hour by 4.35% in 2027, with the shift to a 40-hour week adding 20% by 2030.

It proposes reviewing taxes, social security contributions and administrative requirements, along with temporary hiring support and help for small businesses to comply.

A hypothetical 10% to 12% increase from the current daily minimum wage of 315.04 pesos would add 958 to 1,150 pesos a month in direct pay, before changes to benefits and contributions.

Informal work remains widespread in Mexico: 33.1 million people, or 55.1% of those working, were informal in the second quarter of this year, and most new occupations recorded in 2026 were informal.

The group says lower burdens could help sustain better pay and formal jobs; it wants a joint government agenda with measurable targets, but no policy changes are confirmed.

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What people are saying

Octavio de la Torre de StéffanoConcanaco Servytur president
We want people to earn better, have time for their families and have social security. When wages rise, contributions on that pay can also rise; that is why we must discuss how to reduce the burdens that make it difficult to hire and remain formal.
via El Financiero
Shared problems require shared responsibilities. We want better wages, more rest and more people with social security. To achieve this, family businesses need conditions to grow and sustain those rights every day.
via El Financiero