Employee Expenses Increase

I understand that minimum wage will be increasing by 20% on January 1, 2023.

https://www.littler.com/publication-press/publication/mexico-increases-general-minimum-wage-2

While that does not mean that all wages will increase 20%, it suggests upward wage pressure. If someone were earning 20% above minimum wage on December 31, 2022, the next day, they would n]be a minimum wage earner. You can bet they will be expecting a significant increase. Maybe 20%.

Then their coworker who had been making 20% more than that person would expect 20% increase too. We can see where that logic goes.

Those severance pay provisions, Christmas bonuses, etc. Bump them 20% too.

Pay be the “outrageous increases” noted above were merely anticipating the January 1, 2023 realities.