Mexican federal officials receive “millionaire” year-end Christmas bonuses

Most officials will receive bigger end of year bonus payments and rewards next year.
Most officials will receive bigger end of year bonus payments and rewards next year.

Telesur

Christmas is one of the most popular festivities among the Mexican population, not only because the family gathers to spend quality time together but, because by law, every employee gets paid an end-of-year bonus.

This bonus has to be paid before Dec. 20, and cannot be less than the amount earned by the employee in 15 days of work.

However, the happier Mexicans are the ones who work in top positions for the national government, such as the president, legislators and the members of the Supreme Court of Justice.

All of them will receive large bonuses, and, in some cases, their bonus will be 500 percent higher than what any minimum wage worker earns, according to a www.sinmebargo.mx investigation. The minimum wage in Mexico is now $4 per day.

As an example, Peña Nieto will receive a $5,219 Christmas bonus, while the senators will be able to spend a $16,083 Christmas bonus, $3,000 less than congresspeople.

On top of his bonus, Peña Nieto will also receive an extra “reward” of $22,000.

http://www.telesurtv.net/english/news/Mexican-Federal-Officials-Receive-Millionaire-Bonuses-20141218-0040.html

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