entry level hourly WAGE breakdown AND BENEFITS in juarez maquiladoras
The daily minimum wage in México is divided in geographical zones: A, B and C. The Geographical zone A includes Cd. Juárez, and the minimum hourly wage is $57.50 pesos (approximately $4.69 USD).
|
Wage Category |
Wage Detail |
% |
USD $ per Hour |
MX Pesos per Hour |
|
Average Base Operator Wage: |
|
100% |
$1.00 |
$12.25 |
|
Federal/State Taxes & Benefits: |
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|
Sundays |
1 day paid off for every 6 days worked |
16.70% |
$0.167 |
$2.046 |
|
Vacation |
6 days per year |
1.90% |
$0.019 |
$0.233 |
|
Vacation Bonus |
25% of vacation pay |
0.05% |
$0.001 |
$0.006 |
|
Christmas Bonus |
15 days base wage |
4.80% |
$0.048 |
$0.588 |
|
Profit Sharing |
10% of company profits |
2.00% |
$0.020 |
$0.245 |
|
Federal Housing Tax (INFONAVIT) |
5% of base wage |
5.00% |
$0.050 |
$0.613 |
|
State Employment Tax |
2% of base wage |
2% |
$0.020 |
$0.245 |
|
Retirement (SAR) |
2% of base wage |
2% |
$0.020 |
$0.245 |
|
TOTAL FEDERAL/STATE TAXES & BENEFITS |
|
34% |
$0.345 |
$4.220 |
|
Social Security (broken down as follows): |
|
|
|
|
|
General Sickness |
12.5% of base wage |
12.50% |
$0.125 |
$1.531 |
|
Disability, Pension, Death |
8.5% of base wage |
8.50% |
$0.085 |
$1.041 |
|
Professional Risk |
2.5% of base wage |
2.50% |
$0.025 |
$0.306 |
|
Holiday Bonuses |
9 Major Mexican Holidays |
1% |
$0.010 |
$0.123 |
|
TOTAL SOCIAL SECURITY: |
|
25% |
$0.245 |
$3.001 |
|
TOTAL LEGAL BENEFITS: |
|
59% |
$0.590 |
$7.221 |
|
Optional Benefits: |
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|
Employee Savings |
5% to 8% of base wage |
8% |
$0.080 |
$0.980 |
|
Child Care allowance |
1% base wages |
2.90% |
$0.029 |
$0.355 |
|
Transportation |
8 Pesos / Day |
7.91% |
$0.079 |
$0.969 |
|
Attendance Bonus |
5% of base wage |
5% |
$0.050 |
$0.613 |
|
Meal Subsidy/Cafeteria |
23 Pesos/Day |
22.74% |
$0.227 |
$2.786 |
|
Food Coupons |
8 Pesos/Day |
7.91% |
$0.079 |
$0.969 |
|
Full Time Nurse |
1 per 100 Employees |
1.30% |
$0.013 |
$0.159 |
|
Part-Time Doctor |
1 per 100 Employees |
1.60% |
$0.016 |
$0.196 |
|
TOTAL OPTIONAL BENEFITS: |
|
57% |
$0.574 |
$7.027 |
|
|
|
|
|
|
|
TOTAL LEGAL + OPTIONAL BENEFITS: |
|
116% |
$1.16 |
$14.25 |
|
|
|
|
|
|
|
FULLY BURDENED HOURLY WAGE: |
|
|
$2.16 |
$26.50 |
|
Note: Based on an exchange rate of $12.25 MX Pesos to the US Dollar, as of November 1, 2010. Actual Benefits and amounts will vary depending upon company policy. Optional benefits are estimated based on company interviews.
Source: Team NAFTA, Mexico Labor Rates (Information Retrieved January 2011) |
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