The labor reform must translate into better wages / Economíahoy.mx

Mexico will have to wait some time for the current labor reform to provide benefits for both workers and companies, said Oscar de la Vega, partner at the D&M Firm.

In his opinion, the reform has all that it takes to change the way of thinking and acting of unions and companies, since what is sought is a greater benefit for the working class of the country.

During his participation in the conference “One Year after the Labor Reform”, organized by D&M Abogados, he stated that the three pillars of the reform are freedom of association, freedom of collective bargaining and the improvement of labor justice; if these three pillars are complied with, companies will be in a better position to be competitive and face global changes.

Additionally, “at this time, the labor reform will have to translate into salary increases and future benefits, since the objective of the Executive is that the minimum wage reaches 200 pesos”.

He added that another one of the challenges of the reform is in terms of competitiveness, to overcome the fact that Mexico is a country with cheap labor and moving on to the process of labor maturity.

Note published in Economíahoy.mx, México section by Notimex