In any labor relationship that establishes a employee with a company, a series of additional conditions are stipulated salary. These are known as employment benefits.
One of the “guarantees” of being in a formal job are the law benefits that represent all the benefits to which the employee by belonging to a company. They arise from the contractual relationship, are independent of the salary. These compensations are aimed at improving the living conditions of employees and granting them resources that allow them to develop.
What are the legal benefits in Mexico?
The Federal Labor Law establishes that within a labor relationship there can be two types of benefits:
law benefits: These are the benefits that every employer must grant to his collaborators without distinction. These are the rights to which each person has access. employee that forms part of a subordinate employment relationship. This right cannot be suspended or modified, unless there is a common agreement between the organization and the collaborator.
Features above the law : additional compensations granted by companies, but which are not mandatory.
12 labor benefits Federal Labor Law:
Bonus
The bonus It is one of the best known labor benefits in Mexico. This is a mandatory payment that employers must give to their employees during the month of December.
According to labor law, employers must pay the Christmas bonus before December 20 of each year. In the event that the worker resigns from his job or is dismissed before that date, he is entitled to receive a proportional payment corresponding to the months of work that he has accumulated that year.
Holidays
According to article 76 of the labor law, the workers Those with more than one year of service are entitled to an annual paid vacation period. In no case may this time be less than six business days.
vacation bonus
Is about money that the employers grant to the collaborators as a supplement for the vacation days that are taken in the year. Article 80 of the regulations specifies that all workers must receive a remuneration equivalent to 25% of the salaries that correspond to them during their vacation period.
Social Security
All employers within the formal regime must affiliate their collaborators to the Mexican Institute of Social Security (IMSS). This is what guarantees staff access to free health insurance that covers the health care they may require. This insurance also provides coverage in the event of any of the work disabilities contemplated by law.
weekly rest day
In accordance with article 69 of the Federal Labor Law, for every six days worked, the staff will enjoy at least one day of rest with full salary.
Mandatory rest days:
- January 1
- First Monday of February in commemoration of February 5.
- Third Monday of March in commemoration of March 21.
- May 1.
- 16 of September.
- Third Monday of November in commemoration of November 20.
- December 1 every six years, when it corresponds to the transmission of the Federal Executive Power
- December 25th.
Sunday premium
What the regulations contemplate is that each worker who must attend his workplace to provide service on Sunday must receive an additional payment. The extra amount that must be paid is 25% over the base salary.
seniority premium
It consists of the additional payment of 12 days of salary for each year of service. However, a series of conditions must be met for the worker to access this benefit.
Payment of utilities
The Employee Participation in Company Profits (PTU) is another of the labor benefits in Mexico. It implies that collaborators receive a part of the profits obtained by the organization in which they work. These profits correspond to the previous fiscal year and are related to the services or productive activity carried out.
maternity leave
According to data from the International Labor Organization (ILO), women represent about 50% of the workforce worldwide. They are, in most cases, women of reproductive age. This means that a large percentage of these workers can become pregnant while they are part of a company.
paternity leave
Men are also guaranteed their right to take time off work and care for their newborn child. The employer must grant 5 working days for paternity leave. This also applies in the case of an adoption.
As is the case with maternity leave, during the days that the company worker is absent, they will have the right to receive their full salary.
What are the benefits superior to those of law in Mexico?
Organizations that offer this kind of benefit are aware of the importance of extra compensation for productivity and reduced turnover in the workplace.
extra holidays: The labor law establishes a minimum of 6 vacation days per year, but some companies extend the vacation period.
Saving Fund: This provision is formed with the periodic contributions of the company and its collaborators. At the end of the year, the worker will receive what he has saved plus an additional amount.
Food vouchers: Possibly one of the benefits most valued by the staff. These vouchers have a direct impact on workers’ expenses and that is why they are so coveted.
Productivity bonus: Additional money is awarded to the ordinary salary based on performance
Insurance of major medical expenses: This insurance complements the medical attention of the IMSS
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