Mexico

  1. About MexicoMexico
  2. Working conditions
  3. Sectors and companies that are recruiting
  4. Applying for a job
  5. Major recruitment pointers
  6. Recruitment Resources and networks

1. About Mexico

Mexico has a free market economy in the trillion dollar class. It contains a mixture of modern and outmoded industry and agriculture, increasingly dominated by the private sector. Recent administrations have expanded competition in seaports, railroads, telecommunications, electricity generation, natural gas distribution, and airports. Per capita income is roughly one-third that of the US; income distribution remains highly unequal. Since the implementation of the North American Free Trade Agreement (NAFTA) in 1994, Mexico’s share of US imports has increased from 7% to 12%, and its share of Canadian imports has doubled to 5%. Mexico has free trade agreements with over 50 countries including, Guatemala, Honduras, El Salvador, the European Free Trade Area, and Japan, putting more than 90% of trade under free trade agreements.

In 2007, during its first year in office, the Felipe CALDERON administration was able to garner support from the opposition to successfully pass pension and fiscal reforms. The administration passed an energy reform measure in 2008 and another fiscal reform in 2009. Mexico’s GDP plunged 6.5% in 2009 as world demand for exports dropped, asset prices tumbled, and remittances and investment declined. GDP posted positive growth of 5% in 2010, with exports – particularly to the United States – leading the way, while domestic consumption and investment lagged. The administration continues to face many economic challenges, including improving the public education system, upgrading infrastructure, modernizing labor laws, and fostering private investment in the energy sector. CALDERON has stated that his top economic priorities remain reducing poverty and creating jobs.

Population: 113.7 million

GDP per inhabitant (2010): USD 13.900,-

Unemployment rate (09/10): 5.4%

2. Working conditions

Working conditions and salaries in Mexico might be quite different from what you are used to in your home country. Be aware that cliché of “lazy Mexicans” does not apply to a modern Mexican work environment and many jobs are very demanding. Many Mexican companies, especially medium sized and larger ones, provide their employees with a personal pension plan, usually through a scheme known in Mexico as an ARORE. Under an ARORE scheme you can contribute a certain amount of your salary to a pension plan, with your company and the Mexican government adding to your contributions. ARORE pension products are administered by all Mexican banks which invest the contributions in approved stocks and investment funds. You can change your administering bank within certain limits and time-scales set by the law. Some companies also offer their employees a private insurance scheme as part of their employment package. Although you may be entitled to the public Mexican Social Security System (IMSS), private insurance is generally preferred as it covers more expensive treatments.

Read more: Information about Working conditions in Mexico from justlanded.com

Legal working hours : 42.0 hours per week.

Length of trial / notice period: Probationary period, notice of termination, separation or resignation is as per each company policy, usually same day notice.

Employment formalities: Employment visas are issued for temporary stays (FM3 visa) or for longer duration stays or definitive establishment (FM2 visa). For some kinds of paid work, you must have a firm job offer before travelling. The prospective employer will have to contact the Instituto Nacional de Migración, Mexico and provide a series of documents supporting the application.

3. Sectors that are recruiting

Telecommunications and new information technologies, natural gas and motorway construction. Opportunities in the furniture design sector. Food Industry, Sales, and agricultural industry.

4. Applying for a job

Application documents: Curriculum Vitae in Spanish and English.

Advice regarding the CV: No longer than 2 pages, focusing on the candidates previous jobs achievements.

5. Major recruitment pointers

Business Etiquette/knowing how to behave during interviews: Be punctual, and use a formal dress code. Communicate clearly, precisely and truthfully. Shake hands if given by the recruiter, show interest and flexibility. Do not get surprised in front of personal questions, regarding your family for example. It is a way for the recruiter to evaluate your whole personality.

Languages you must be able to speak: Spanish, English.

Flagship training: Master Degrees from recognized universities like UNAM, ITESM, ITAM, UDLA, IPADE.

Compensation&Benefits / Taxes: Variable according to the position level. Minimum legal benefits: 15 days of Christmas Bonus, 6 days vacation per calendar year and 1.5 days of vacation’s premium. Average benefits: 30 days of Christmas Bonus, 10 days vacations per calendar year, 5 days of vacations premium, Health and Life Insurance, Saving Fund, Grocery Coupons. Taxes: 28% Fiscal tax over salary.

Salaries in Mexico

Salaries in Mexico are usually a lot lower than in Western European countries or the US, although there are some exceptions for highly qualified positions. In general the lower your qualification is, the wider the salary gap will be compared to industrialised countries, with unqualified jobs often paying a mere survival salary. Of course your salary expectations will very much depend on your qualifications, the business sector you work in, the area in which you are looking for work (salaries in Mexico City are a lot higher than in the countryside), and your position and role within the company. The following salary ranges can therefore only give you a rough impression of salaries in Mexico City (in smaller towns and villages salaries can be a lot lower):

University graduates: US$ 1,000-2,000/month
Mid level business positions (3-10 years of experience): US$ 1,500-3,000/month
Directorial positions: US$3,000-10,000
Executive positions (VP- or President level): US$10,000 and more

In some cases you can get a ‘foreigner bonus’ if you have international experience or any other impressive qualification, which can double your salary compared to the average. Highly specialised positions are sometimes paid as well as (in some cases even better than) in industrialised countries, especially in senior management or executive roles in large companies. Many people in the latter categories sell their expertise as independent consultants, often working for foreign-based companies. Salaries in Mexico are usually paid in Quincenas, which means every 15 days, though some companies are starting to pay monthly. Many salaries are still paid by cheque, though salary payments by bank transfer are starting to become more common like in other countries.

6. Recruitment resources and networks

Important business networking sites:
www.facebook.com
www.linkedIn.com
www.missioneco.org/mexique
www.cfmci.com
www.occ.com.mx
www.computrabajo.com.mx
www.bumeran.com.mx

Where to network:
Professional associations, “International chambers of commerce”, Internet networks.