Reform for sanctioning excessive working hours is disproportionate, experts note
Óscar de la Vega, partner at the D&M Abogados Firm, said that “we are once again sanctioning the employer who is inside the formal economy and another incentive to conduct business informally or illegally is generated.”
Nearshoring and its labor challenges
The years following the implementation of the labor reform in Mexico are being the years with the highest industrial growth due to foreign investment.
6 key elements in the reform that classifies long hours as labor exploitation
The changes that came into effect this month have the objective of eliminating the practice of inhuman and unfairly compensated working hours. The legal amendment considers that noncompliance may be punishable with prison and economic penalizations.
Transforming employment relations
The panorama of a greater activism by unions in the country demands from companies a strategic plan for strengthening relations with their workers that includes strategic communication, training for middle management, and crisis management.
Workers’ strike in Soriana due to profit sharing ends in dismissals
Some workers at the retailer protested this weekend because of the profit sharing payment that they received; the company dismissed some of the dissatisfied workers.
Workers review profit sharing payments with a magnifying glass; they apply pressure for a 10% PTU
This year the payment of profit sharing is applied with the caps established in the 2021 reform, linked to outsourcing; that is, considering 3 months of salary or the average of the PTU [Employee Profit Sharing] received in the last 3 years.
Talent shortage is a determining factor for the success of nearshoring
Even without the relocation of companies in the country, the labor market is already marked by a shortage of specialized profiles and high turnover in some sectors, and this is just one aspect that must be taken into consideration by companies wishing to relocate here.
4 out of every 10 workers will use profit sharing to pay debts
Even though PTU [Employee Profit Sharing] is a labor right in Mexico, 27% of all workers will not get this benefit. Those who will receive it plan to use it to pay debts, save or enjoy vacations.
Profit sharing unleashes conflicts in industries
Some of the companies in which there is dissatisfaction are Aguacates Chahena and, in the automotive sector, Frankische and Moriroku Technology de México. Lack of transparency in the payment, among the causes.
Competencies for the evolution of the role of the Human Resources Business Partner
Human Capital structures have to evolve to ensure that both the HRBP and CEOs are collaborating effectively and anticipating market needs.
