Hire in Mexico with Ontop

Enable your workers to receive their payments in USD and give them the freedom to choose how to manage their funds: crypto wallets, local bank transfers, and digital payment platforms.
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Capital city
Mexico D.F.
Currency
Mexican Peso (MXN)
Languages
Spanish
Payroll cycle
Monthly and biweekly

Mexico, a land of vibrant colors, rich history, and warm hospitality, embodies a captivating blend of ancient traditions and modern dynamism. From the ancient ruins of Teotihuacán and Chichen Itzá to the bustling metropolis of Mexico City, where historic architecture coexists with contemporary art scenes, Mexico offers a diverse tapestry of experiences. Its cuisine, renowned worldwide, tantalizes taste buds with flavors of spicy chiles, aromatic spices, and delectable street tacos. Mariachi music fills the air, and the Day of the Dead celebration showcases the nation's profound connection to its ancestors. With stunning beaches on both its Pacific and Caribbean coasts, lush jungles, and dramatic deserts, Mexico's natural beauty is as varied as its cultural heritage, making it an irresistible destination for travelers seeking adventure, history, and authentic cultural encounters.

Mexico boasts a rich tapestry of 9 holidays that reflect its cultural and historical heritage. Independence Day on September 16th commemorates Mexico's liberation from Spanish rule with patriotic parades and the iconic "El Grito" ceremony. The Day of the Dead, celebrated on November 1st and 2nd, is a unique blend of indigenous and Catholic traditions, honoring departed loved ones with colorful altars and visits to cemeteries. Christmas brings Las Posadas, nativity scenes, and festive family gatherings. Easter is marked by solemn processions during Holy Week. Although Cinco de Mayo acknowledges a historical victory, it's celebrated more widely abroad. Revolution Day on November 20th, Constitution Day on February 5th, and Children's Day on April 30th showcase Mexican pride and civic spirit. Lastly, the Day of the Virgin of Guadalupe on December 12th pays homage to Mexico's patron saint with pilgrimages and religious observances. These holidays embody Mexico's cultural vibrancy and diverse traditions.

Main professions that work remote in Mexico:

• Customer service representative

• Data entry clerk

• Medical coder

• Tutor

• Transcriptionist

• Virtual assistant

• Software engineer

• Web developer

• Graphic designer

• Content writer

• Social media manager

• Marketing manager

• Sales representative

Employer taxes: 30% aprox.

Why Mexican's prefer Ontop?

Mexicans prefer Ontop because it enables them to keep their money at their fingertips, offering the convenience of easy access without imposing any limiting restrictions on their wallet.

Optimize your money and time with Ontop

Ontop is #1 Multi-country payroll solution for LATAM and emerging economies. With our suite of global financial services customers can earn up to USD $52,000 from operational burden
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Competitive Payouts
Pay your team and they will have endless options such as local bank accounts, crypto or third party wallets at incredible rates. Our algorithm identify and show the best option available.
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Pay in USD
Pay your team in USD and enable them to hold their dollars without time limits in our Ontop Wallet built in partnership with JP Morgan.
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Pay your team and they will have endless options such as local bank accounts, crypto or third party wallets at incredible rates. Our algorithm identify and show the best option available.
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Mobile first
Workers can manage their finances from their mobile phone or desktop, they decide.

Employing in Mexico

To employ workers in Mexico, foreign companies have two options: Set up a legal entity in Mexico. This is the most common option for large companies that plan to hire a significant number of employees in Mexico. Partner with an employer of record (EOR). An EOR is a company that acts as the legal employer of the employee on behalf of the foreign company. This is a good option for small and medium-sized businesses that want to hire a small number of employees in Mexico without having to go through the hassle of setting up a legal entity. Once you have chosen an employment model, you can start the process of hiring employees.
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Hiring employees is also an option

Hiring in Mexico offers a multitude of advantages that make it an increasingly attractive choice for businesses looking to expand their workforce. With its strategic geographical location, a large and youthful labor pool, competitive labor costs, and a growing economy, Mexico presents a compelling proposition for companies seeking to tap into its potential. Additionally, a well-established trade network and strong cultural ties with the United States provide businesses with a seamless gateway to North American markets. This combination of factors positions Mexico as a prime destination for talent acquisition, fostering growth, and enhancing competitiveness on a global scale.
Your workers can enjoy the convenience of instant, round-the-clock transfers. With Ontop, they can receive funds whenever they need them, ensuring timely payments.
Your workers can use exchange rates to their advantage, allowing them to choose the best time to convert and manage their earnings. No more worries about last-minute cash needs. Your workers can stay ahead of currency fluctuations and access their funds when required. They can easily receive payments from third parties through any bank transfer, giving them financial flexibility.
While cryptocurrency and Payoneer may not be widely used, Ontop allows your workers to receive dollars in their local bank accounts in Mexico, providing a seamless and convenient experience.
Our automated platform provides real-time fee and rate information, ensuring transparency for your workers. Adding a new account is hassle-free. We request only essential information necessary for payments, making the process user-friendly. Empower your workforce in Mexico with Ontop, and offer them the flexibility and control they deserve for their earnings.

Make your workers happy by offering them what they want

Provide your workers with freedom in a highly restricted market. Ontop offers various options for receiving what they value the most: their payment.
Pay them in USD.
Allow them to choose how they want to receive their money, whether it's to a local bank or a digital wallet.
Offer them a platform where they can securely keep their money. No limit on the amount and time they can hold.
Allow them to receive their money through multiple digital wallets such as Lemon Cash, Belo App, Binance, Coinbase, and Payoneer.
LEGAL DISCLAIMER: This commercial playbook (“playbook”) should in no way be characterized considered as a legal advice for the purpose of hiring independent contractors, service providers and/or employees. this playbook should be considered as an informative summary of ontop’s previous experiences and shall not be interpreted as suggestions and/or advice to its clients and/or third parties. ontop shall not be responsible or liable for any interpretation of this text by third parties and/or clients. ontop suggests that a professional opinion must come from each party’s own group of lawyers and/or accountants. client expressly accepts and agrees that this playbook shall not be construed as an opinion or order. client shall also hold ontop harmless from any such claim or dispute in that sense.
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Hire in Mexico with Confidence

Employment termination

Employment termination in Mexico is governed by the Federal Labor Law (FLL). The FLL sets out the grounds for termination, the notice period required, and the severance pay that must be paid to employees.

Grounds for termination

The FLL allows employers to terminate employment for the following reasons:

• Serious misconduct by the employee

• Incompetence

• Repeated absenteeism

• Force majeure (unforeseen events beyond the control of the employer, such as natural disasters or economic crises)

Notice period

The notice period required for termination depends on the length of the employee's service. Employees who have been employed for less than one year are entitled to seven days' notice. Employees who have been employed for one year or more are entitled to 30 days' notice.

Which is the leave policy in Mexico?

The FLL sets out the minimum requirements for all employment contracts, including the following:

• The names and addresses of the employer and employee/contractor

• The type of employment (e.g., full-time, part-time, temporary, or permanent)

• The job title and description

• The salary or wages

• The benefits package (if applicable)

• The start date and duration of the contract

• The termination terms

Which is the statutory time off in Mexico?

• Annual vacation leave: Employees are entitled to at least six days of paid vacation leave after one year of service. The amount of vacation leave increases with each year of service, up to a maximum of 12 days after five years of service.

• Public holidays: There are 18 public holidays in Mexico each year. Employees are entitled to take these days off with pay.

• Sick leave: Employees are entitled to up to 60 days of paid sick leave per year. The employer pays for the first two days of leave, with social security covering the remainder.

• Maternity leave: Pregnant employees are entitled to 18 weeks of paid maternity leave.

• Paternity leave: Fathers are entitled to five days of paid paternity leave.

• Bereavement leave: Employees are entitled to five days of paid bereavement leave in the event of the death of a spouse, child, parent, or sibling.

In addition to the statutory time off listed above, employees may also be entitled to additional time off under their employment contract or collective bargaining agreement.

Contracts details in Mexico

The FLL sets out the minimum requirements for all employment contracts, including the following:

• The names and addresses of the employer and employee/contractor

• The type of employment (e.g., full-time, part-time, temporary, or permanent)

• The job title and description

• The salary or wages

• The benefits package (if applicable)

• The start date and duration of the contract

• The termination terms

What companies say about Ontop

"Ontop helps me focus on acquiring and retaining our talent at Rappi, instead of spending my time doing paperwork and compliance."
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Felipe Villamarin
Co-founder Rappi
" Ontop for us has been a strategic ally in our Expansion process. It is an optimal solution, easy to use and that adds a lot of value to companies all over the world."
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Mateo Marulanda
Country Manager
"Payments go through like magic and my contractors are happy because they get all of their money, commission free."
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Alejandra Buelvas
Head of Legal - Ayenda

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