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The discussion of the initiative proposed by the reduction of the workday in Mexicoof 48 to 40 hours to the week it has unleashed all kinds of opinions; from those who are in favor of the possible reform of the Federal Labor Law, to those who oppose working fewer hours a week. Such is the case of Business Coordinating Councilthe highest representative body of the private sector that brings together 14 organizations from the business leadership.
As a whole, the Business Coordinating Council brings together more than 2,000 associations and which allocate approximately 80% of Mexico’s Domestic Product (GDP), for which the union was against the possible reduction of the workday in Mexico from 48 to 40 hours a week that will be discussed in September of this year in plenary session of the Chamber of Deputies. It was its president, Francisco Cervantes, who took a position on the issue.
In statements published in the newspaper Reforma, the president of the Business Coordinating Council, Francisco Cervantes, assured that the union opposes the reduction of the workday of 48 to 40 hours a week, arguing that this 2023 is already working on an important labor package, including a 20% increase in the minimum wage, an increase from 6 to 12 days of vacation, and the issue of pensions, so this is not the time to think about another reform but to get to work:
“In a spirit of balancing multilaterally by recommendations of the International Labor Organization (ILO), but it seems that they have no filler, what we have to do is get to work, not ‘not work’,” said the head of the Coordinating Council business.
Possible job reduction would negatively impact investments in Mexico: CCE
According to the head of the Business Coordinating Council, Francisco Cervantes, Mexico is going through a challenging time to take advantage of phenomena such as nearshoring, so initiatives such as the reduction of the workday of 48 to 40 hours in the country could discourage investment in national territory, so it is necessary to focus on the challenges that are currently faced throughout the national territory:
“In Mexico we are at an important moment, but we are in competition, there are several nations that also want to take the investment. I do not know which side the legislators are on. There are challenges that we must focus on and worry about,” specified the head of the Business Coordinating Council.
Francisco Cervantes also called for a more extensive impact assessment than possible reduction of the workday of 48 to 40 hours to the week in Mexico it would have for the private sector due to the cost that less work will generate; “Imagine the costs, these initiatives are transversal, it is not only the cost for the companies of overtime, but also to the Government and that is paid by all Mexicans,” he asserted.
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