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Employee benefits in Mexico
Uncover the essentials of employee benefits in Mexico. From insurance to paid leave, we break it down for you.
Quick Overview
Benefits Summary
Benefits coverage standards can differ greatly across countries. The table below shows what statutory, market standard and great coverage look like for each benefit.
Included in social security
Private health insurance
Including spouse and children under 25
Separate dental and vision insurance
Stipends or allowance for employees to choose own plan
Gym and sports club membership discounts or subsidies
Access to mental health support/app subscriptions
Minimum included in SS/SAR payment
Basic coverage- group life
Funeral benefit: $1,500 USD to $5,000 USD
Premium coverage + Funeral benefit
Minimum included in SS/SAR payment
Lump sum given
Included in life insurance policy
Premium life insurance policy
Minimum included in SS payment
Private pension fund with a 1 to 1 employee/employer match
Mentoring
Subsidised certifications, courses, and conferences
English lessons
Unlimited L&D budget
Food vouchers for groceries
Happy hours/socials
In office snacks and beverages
Free breakfast/lunch
Gas vouchers or stipend
Internet allowance
WFH allowance
Cell phone allowance
New technology or discounts
Free parking
Relocation support
Employee discounts
Profit share
Policies Summary
Policy coverage standards can differ greatly across countries. The table below shows what statutory, market standard and great policy coverage look like for each benefit.
6-14 days PTO based on time with company
8 public national holidays
10 days in 1st year
8 public holidays
1.5-2x statutory
8 public holidays
52 weeks paid @ 60% by IMSS
Additional 40% pay on sick days
12 weeks paid
14-16 weeks paid
5 days paid
10 weeks
Flexible schedule based on your needs
Remote first policy
Performance bonus
Day off for your birthday
Vacation premium - 25% of daily wage
Christmas bonus = 15-20 days of pay
Company loan scheme
5 additional holidays for marriage
Volunteering days