WHAT WE DO
HR Administration
A Complex Regulatory Environment
The last time the World Bank published it’s Doing Business report (discontinued in 2021), Mexico was reported as a moderately complex environment to do business. Not much has changed since then, however the reasons for Mexico receiving the ‘moderately complex’ designation center almost exclusively around business operations that can be address by HR.
Workforce Mexico provides complete coverage of HR Administration in-country, being able to address the most substantial complexities any nearshoring operation would typically face across Compliance, Payroll, Benefits, Recordkeeping and Data Privacy.
Compliance
Mexico's labor laws are complex, with mandatory benefits, minimum wage requirements, and specific regulations for overtime pay, vacation time, terminations and severance.
Payroll & Tax Administration
Calculating and distributing salaries and benefits in Mexico requires familiarity with Mexican payroll systems and complying with Mexican payroll taxes, social security contributions, and other tax obligations.
Data Management
Mexico has different data privacy laws than he US. In order to be in compliance, Companies operating in the region will jrequire additional considerations for employee data storage and management.