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Mexico

Coparmex: Christmas Bonuses for Employees Are Not at Risk

The vast majority of workers count on the bonus to face expenses and alleviate economic burdens.

Christmas bonuses are to be paid regadless of the current economic situation according to Coparmex, photo: CAPITAL MEDIA/Ixbalanque Danell
By Rosalba Amezcua Whatsapp Twitter Facebook Share
9 months ago

A large Mexican chamber of commerce stated on Monday that the current unfavorable economic situation is not an excuse for companies to delay employees’ Christmas bonus. The vast majority of workers count on the bonus to pay expenses and alleviate economic burdens.

Gustavo de Hoyos Walther, president of the Mexican Confederation of Employers (Coparmex), said that sometimes companies sell assets or take loans in order to comply with their obligation.

“I believe that this year companies will timely comply; throughout the years I have seen companies make special efforts to make the bonus payments ahead of time. I don’t think that the Christmas bonus is at risk of not being paid this year,” said de Hoyos Walther.

 

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