Employer of Record Mexicoby Steve Manon Content Promoter
Mexico is located in the south most of the continent of North America and it connects North America to Latin America. Due to this strategic geographic location, Mexico is emerging as the hub of international trade. The tropical climate, low production cost, modern political reforms, and stable government of Mexico also attract foreign companies for business expansion in Mexico. As you are leafing through the pages of EOR Mexico, it isn't hard to guess that you are contemplating business operation in Mexico and in desperate need of an Employer of Record Mexico for handling all the employment-related tasks in Mexico. This article highlights the services provided by Employer of Record in Mexico.
· Recruitment and employment contract
While hiring in Mexico, as an employer, you are bound to adhere to all the rules and regulations of Mexican labor laws. The Mexican people prefer face-to-face interviews to online ones. Not only this but during the recruitment in Mexico, you need to be prepared with a legal employment contract all the time. This helps the local candidates know how serious they are about conducting business in Mexico. The employment contract should mention salary break-ups, compensation benefits, terms, and policy of your company. Generally, the Employer of Record Mexico drafts these contracts, and they arrange the meet-ups between the employer and the skilled candidates. The EOR team contacts a local attorney in case of legal advice for your company.
- Working hours, leaves, and holidays
On behalf of your company, the Mexico Employer of Record monitors the working hours of employees in Mexico. For the day shift, they keep the working hours limited to 8 hours a day, whereas for the employees with the night shift, it should be a maximum of 7 hours per day. The EOR team also keeps track of the overtime of employees and pays them for the extra hours. They keep your company's office closed in Mexico during the national holidays such as mayday, Christmas day, constitution day, etc. Apart from the working hours and holidays, EOR Mexico plays a big role in leave management. They decide the payment for vacation, sick leaves, etc., depending on the service duration of employees, and add the payment to the salary of your employees serving in Mexico. The EOR provides the female employees the paid maternity leave of a total of 12 weeks.
- Bonus, employment benefits, and taxes
As an employer, you should know that every employee in Mexico is entitled to the Aguinaldo, which is the combined salary of 15 days as a yearly bonus. Other than that, you need to pay your Mexican employees a Christmas bonus. Apart from bonuses, the workers are entitled to pension benefits, insurance, housing benefits, etc. The Mexico Employer of Record takes care of everything related to employee and their payroll services. Not only this, but the EOR alone takes care of the income tax of the employees too.
- Employee onboarding and immigration
Once you hire an employee to work with your company, the EOR handles the rest of the process. They hand over the legal contracts of employment to the hired candidates. The EOR team assists the newly recruited candidates with their immigration, visa, work permit, etc. Sometimes they arrange for a temporary stay for the employees in a foreign country too.
The Employer of Record Mexico facilitates the business expansion journey for your company in a foreign land. They also help you with their private in-house HR team. So, if you are planning to enter the Mexican market, don't waste single second thinking; rather talk to an EOR team.
Created on Jul 28th 2021 10:32. Viewed 250 times.