What is the Christmas Bonus?
The Christmas bonus is an annual benefit that employers in Mexico are required to pay their employees before December 20th each year. This bonus is intended to help employees manage the additional expenses typically incurred during the holiday season.
Who is Entitled to the Christmas Bonus?
All employees in Mexico are entitled to receive the Christmas bonus.
How is the Christmas Bonus Calculated?
The law stipulates that the Christmas bonus must be equivalent to, at least, 15 days of the employee’s daily salary. If the employee has not worked a full year, they are entitled to a proportional amount based on the time worked.
When Should the Christmas Bonus be Paid?
The Christmas bonus must be paid no later than December 20th each year.
Consequences of Failing to Paying the Christmas Bonus
Failure to pay the Christmas bonus can result in serious legal consequences for the company, including fines and sanctions.
Should you have any questions or require assistance in drafting these agreements, please feel free to contact your usual Firm representative.
Labor and Social Security Practice
Javier Canseco / [email protected]
Ana María Becerra / [email protected]
Alma Oviedo / [email protected]
Eduardo Cortés / [email protected]
Isaac Corral / [email protected]
Perla Arreola / [email protected]
Raúl Lara Maiz / [email protected]
Roberto Alvarez Malo / [email protected]
Rogelio Sánchez / [email protected]
Adriana Gómez / [email protected]
Antonio Flores / [email protected]
Elisa Cortés / [email protected]
Franco Herrera / [email protected]
Reynold González / [email protected]
Francisco Navarrete / [email protected]
Gustavo Carrillo / [email protected]
Iván Arriaga / [email protected]
Jesús Perales / [email protected]
Luis Nicolás / [email protected]
Misael Granados / [email protected]
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