On September 24th, the National Commission on Minimum Wages ("CONASAMI" for its acronym in Spanish) resolved that, effective as of October 1st, 2015, a single general minimum wage shall apply in all the country, equivalent to $70.10 pesos per day.

With the aforementioned resolution, the CONASAMI concluded the process of converging the minimum wages of geographic areas "A" and "B". Therefore, the minimum wage corresponding to geographic area "B", equal to $68.28 pesos per day, is increased by 2.66% to reach $70.10 pesos.

Likewise, the professional minimum wages pertaining to geographic area "B" are matched to those established for geographic area "A", in force since April 1st, 2015.

The referred resolution was announced on September 28th, 2015.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.