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During the month of July of the current year, Mexico presented its highest inflation rate since 2000.
On September 1, the law that prohibits outsourcing or subcontracting in Mexico came into effect.
One year after the ban on outsourcingmore than 3 million workers have widely benefited.
In recent months, due to the global health crisis and armed conflicts, a growing economic speculation has begun, which has forced all sectors as well as society to implement measures that allow them to face the inflationary crisis that affects to much of the world, causing a constant rise in the price of basic inputs, so aspects such as the lack of outsourcing, These are two of the strategies that can help boost the country’s economy.
Derived from social distancing and lack of resources, as well as the accelerated immersion of technology within social life, it has caused a growing economic crisis, so much so that during the month of July of the current year, in Mexico the highest inflationary level was registered since the year 2000, due to an increase of just over 8.15 percent, a rate that exceeded what was recorded during the turn of the century, when a rate of 8.96 percent was reached.
Lack of outsourcing strategy to boost the national economy
In recent days, the Bank of Mexico announced that the subcontracting reform has been a strong pillar to boost the growth of nominal wages to levels never seen before since before 2021, this as a result of the fact that On September 1, 2021, the reform will enter into force. outsourcing in Mexico, which, broadly speaking, modifies and prohibits the subcontracting of personnel, which means that today no company can make its employees available to other companies as workers under the same corporate purpose.
According to data provided by the Social Security Institute (IMSS), which only one year after the outsourcing ban, as a method of hiring, has benefited just over 3 million workers, which, according to what was indicated by the Bank of Mexico, when changing employers, immediately began to receive a base salary of contributions (SBC), which is even higher than that designated by law, going from 506 to 573 pesos on average.
Similarly, and in accordance with the Timely Indicator of Economic Activity (IOAE), it is expected that the Mexican economy will grow by at least 2.9 percent, compared to last year, thanks to the boost and growth of secondary and tertiary activities.
For the country’s workforce, subcontracting meant a problem, so its prohibition will directly improve the quality of life of workers, which in turn will significantly strengthen the national economy.
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