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Aug 23, 2023 · The United Kingdom, for example, also has a Christmas bonus of 10 pounds. The idea behind giving a Christmas bonus in Mexico is for workers to have extra cash to enjoy the holidays. 2023 Update. As you may know, Mexico’s current president, Andres Manuel Lopez Obrador, is heading to the end of his term, and there will be elections in June 2024. Jan 10, 2023 · An aguinaldo is a legally mandated annual Christmas bonus paid by businesses in Mexico to their employees. The amount of the payment is based on an employee's base salary. The bonus must be paid ... Dec 12, 2022 · For instance, for a full time housekeeper earning 2,000 pesos a week, whose bonus would be 4,000 pesos, every peso counts. And, for many Mexican families, receiving the aguinaldo has a big impact on how they are able to celebrate Christmas together; as well as on their ability to set aside a small “reserve fund” for unexpected expenses in ... Dec 18, 2017 · Que los corazones encuentren paz y felicidad en la alegría de ésta Navidad May hearts find peace and happiness in the joy of this Christmas. Que la Navidad sea motivo para regocijo y celebración, y el Año Nuevo motivo para esperanza y fé May Christmas be occasion for rejoicing and celebration, and may the New Year be occasion for hope and ... Dec 16, 2024 · Divide the standard bonus amount by the total number of days in a year. Calculate the number of days the employee worked (which in this example is 180 days for six months – (calendar days). Dec 12, 2024 · When the festive-season holiday approaches, workers in Mexico look forward to their annual Christmas bonus, known as el Aguinaldo. Christmas bonus in addition to regular pay Mexican labor law stipulates that all employed people must receive an Aguinaldo equivalent to at least 15 days of the employee’s regular wages, and it must be paid before ... How to pay the Christmas Bonus / Aguinaldo in Mexico. Franklin and Marisol discuss the calculation based on the daily pay rate and number of Christmas bonus days in the employment contract for the employee. 15 days is the federal minimum. However, it can be negotiated higher between the employee and the employer in Mexico. Nov 17, 2024 · The obvious question that needs to be answered is, “What is the difference between the aguinaldo and a Christmas bonus?” A Christmas bonus is a completely voluntary gift given by an employer to an employee or by any upper-level member of an organization to a subordinate member. This would be a sum paid out above and beyond the legally ... Nov 7, 2024 · Christmas Bonus 2024: Deadline and Amount. According to the Federal Labor Law (LFT), Article 87, all Mexican workers are entitled to a Christmas bonus, regardless of their employment type—permanent, trusted, plant, unionized, or by work. Deadline: Employers must deposit the Christmas bonus by December 20 at the latest to avoid any issues.

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