Employer of Record Mexico
Payroll in Mexico
A beginners guide to understanding payroll in Mexico
Employer of Record Mexico
Download our full Mexico Employment Guide
Find out all about employing in Mexico
How we can help
Our fully-compliant payroll services in Mexico ensures your employees are paid on time, everytime
Whatever the territory or region, you need to attract and retain the best talent. But different countries and different cultures mean different employee expectations.
Payroll is key for any business; paying the correct salary to your business’s employees is vital. Using Agility EOR means that your employees are paid on time, every time, when they are working in Mexico
Agility EOR offers the following payroll services in Mexico:
- Salaries paid per month, in local currency
- Electronic payslips
- Statutory filing completed by us
- End of year reporting
what to expect
How does Payroll in
Mexico work?
Pay your staff once a month
Employees receive 13th month “aguinaldo” bonuses. 15 days of salary is the annual minimum Aguinaldo, with most companies offering 4 weeks of pay, and some larger companies pay 6 weeks.
Most companies pay the aguinaldo in December, but those that pay 6 weeks pay 4 weeks in December and 2 weeks in summer.
Discretionary bonuses
Bonuses are generally defined as discretionary, and therefore not required to be placed in the contract of employment.
National minimum wage
As of Jan 2023, the minimum wage will be increased by 20%, bringing the minimum daily wage to 207.44 MXN per day, and 312.41 MXN per day in the free economic zone of the Norther border.
Mexico Employee Benefits
We understand that attracting and retaining the best talent is vital for any business. Here at Agility EOR we always go the extra mile for our clients and employees. We provide both statutory and enhanced employee benefit packages, from medical and dental packages through to share options and equity stakes.
Working with you, we’ll devise benefits packages that are appropriate within Mexico and are compliant with Mexican law.
Mexico Statutory Leave
Agility EOR work with our in-country legal experts and experienced staff to easily guide you through the myriad of complex laws and regulations in Mexico.
- Holiday Entitlement
- Maternity Leave
- Paternity Leave
- Parental Leave
- Sick Leave
Wondering if expanding
in Mexico is right for you?
Read on or speak to a member of our team now
learn more
We are Mexico Employer of Record Mexico experts
We have extensive experience helping businesses expand their workforce in Mexico. Take a look at our areas of expertise to find out more:
We deliver a fully-managed EOR Service in Mexico, including Payroll, HR and legal support.
Enhance your understanding of what your employee is entitled to when it comes to Statutory Leave in Mexico
Unsure what’s required when employing staff in Mexico? Find out about Mexico Work Permits and Visas here
Wondering what it’s like to work in Mexico? We’ve got you covered in our extensive guide
Learn more about how you can attract and retain staff in Mexico with both statutory and enhanced employee benefits
Without Agility EOR, our ability to move quickly and scale would be extremely limited. Superb work from A to Z.
Carol Oliveira
Learn more
Frequently Asked Questions
Payrolling the employees is a key part of the service offered by an employer of record company. The EOR will calculate and remit all taxes, social securities and similar payments, on behalf of both employer and employee. The client will be invoiced in advance by the EOR company, for the total cost of the payroll.
Yes. Our clients are free to dictate the structure of the employees’ remuneration including any bonuses or commissions they wish to offer. In some countries, there is a statutory requirement to provide “bonuses”, for example in the form of Christmas or holiday allowances.
Yes. Agility EOR will calculate what pay is due upon termination of an employee, factoring in such things as any untaken leave entitlements.
We find that most of our clients are in the Tech, IT, Finance and Professional Services industries. However, we have acquired the skills, knowledge and experience to help all industries across the globe.
As a private company, we’re not beholden to shareholders or asset-shredding Private Equity targets. We aim to build long-term relationships with our clients. At Agility EOR, our approach is that we never forget that our business is all about people. Our Employer of Record solutions are tailored to each requirement, not a one-size-fits-all tech platform. We do the right thing by our clients and by the laws of each country we operate in. And we believe in openness; if we don’t feel we can offer you the best solution for a specific territory, we’ll say so.
We pride ourselves on our personable-approach so once you enter your new employees details into our dedicated platform, we’ll arrange a call with you to go through the details of the employment contract where together we can review and amend to your requirements. We liaise directly with your employee to build a rapport and obtain the necessary information to hire them compliantly, and set them up ready for their first payroll.
We never stop delivering! Even if you’re employee has been onboarded and is happily working for you and being paid each month, we’re here to partner with you whenever you or your employees need us. Even your ex-employees may need our assistance for tax documents, proof of employment requests etc… Our service never stops!