When you are employed by a company, you should not only care about your salary. It is also important that you know the working conditions you would be agreeing to as part of your contract. In Mexico, those conditions are established in the Federal Labor Law, and they are applicable for any employee working under contract.
The Office of the Federal Attorney for Labor Defense (PROFEDET) is the institution that protects your employee benefits. There are two other institutions that also aim to regulate your employee rights:
- Mexican Association of Human Capital Companies (AMECH)
- International Labor Organization (ILO)
You might also be interested in our entry: Employment benefits you are entitled to as an employee.
Two types of unemployment benefits have been established in Mexico so far:
Employee benefits
These are the benefits agreed upon in an employment contract. They are additional benefits that a company may decide to provide to its employees.
Employee benefits required by law
These are the benefits every company must provide to its employees. They cannot be modified.Any additional benefits to the ones required by law are simply called employee benefits. The following are some of the employee benefits you could be eligible for:
- Food stamps
- Healthcare coverage
- Life insurance
- Punctuality bonuses
- Savings funds
We encourage you to read an article by the Mexican Government titled ‘’What is PROFEDET and what are its functions?’’
Avoid unexpected surprises in your new work environment and prepare yourself. Learn the rights and benefits you are entitled to as an employee.
At QuAdrans Law and Finance, we are experts at providing legal and accounting advice to businesses and individuals alike. Our goal is to earn your trust.
Legal and Accounting Consulting in Playa del Carmen
