arlenes Posted January 5, 2018 Report Share Posted January 5, 2018 Our maid and gardener have worked for us for 8 years. We increase their salary each January but wonder if their is some kind of general (cap) on their salaries. How much do you increase salaries each year if you do? Link to comment Share on other sites More sharing options...
modeeper Posted January 5, 2018 Report Share Posted January 5, 2018 spirituality Give them as little as possible. Link to comment Share on other sites More sharing options...
sue Posted January 5, 2018 Report Share Posted January 5, 2018 Minimum increase, cost of living , additional depends on their performance just like any job. Link to comment Share on other sites More sharing options...
Sea Posted January 5, 2018 Report Share Posted January 5, 2018 20 minutes ago, arlenes said: Our maid and gardener have worked for us for 8 years. We increase their salary each January but wonder if their is some kind of general (cap) on their salaries. How much do you increase salaries each year if you do? Usually 5%. Link to comment Share on other sites More sharing options...
AngusMactavish Posted January 5, 2018 Report Share Posted January 5, 2018 Inflation was about 6.5% in 2017. I gave my help nothing. I do not feel that the exchange rate, dollar vs peso, has any bearing on her pay. Link to comment Share on other sites More sharing options...
modeeper Posted January 5, 2018 Report Share Posted January 5, 2018 1 hour ago, AngusMactavish said: Inflation was about 6.5% in 2017. I gave my help nothing. I do not feel that the exchange rate, dollar vs peso, has any bearing on her pay. Wouldn't local employees love it if their wage were based on the dollar, that the Gringos covered their country's inflation? I just got a 2.1% increase on my SS. I'm going to pass that windfall on to my maid and gardener .. that'd be me. Link to comment Share on other sites More sharing options...
REC Posted January 5, 2018 Report Share Posted January 5, 2018 Inflation in Mexico is not due solely or even mostly to dollar vs peso rates and it affects all of us - including maids and gardeners. No doubt that the costs of many things here at lakeside have gone up. People who don't make much money are affected quite a bit when costs increase even modestly. We gave our helpers a nice raise this year and they were very appreciative. Link to comment Share on other sites More sharing options...
modeeper Posted January 5, 2018 Report Share Posted January 5, 2018 3 hours ago, REC said: Inflation in Mexico is not due solely or even mostly to dollar vs peso rates and it affects all of us - including maids and gardeners. No doubt that the costs of many things here at lakeside have gone up. People who don't make much money are affected quite a bit when costs increase even modestly. We gave our helpers a nice raise this year and they were very appreciative. Good for you!!! I'm no expert on global economy but I know a country's currency exchange rate is based on investors and their faith in the nation's ability to produce. That said we can assume our countries are dong better than theirs. Logical. There is only one reason a Mexican product should see a rise in price; the cost of petro to transport and the maintenance of his vehicle....and/or government intervention. Logically an imported product depends on the petro factor and the exchange rate. It's a Catch 22. The higher the standard of living gets in his country, the less purchase power he has once he reaches, say, Texas. So his purchase was X$ but while he was away the exchange rate took a bite of that too. If any of you were here to witness the the crash about 15-20 years ago when the New Peso was introduced you'd see how a Mexican can rightly be nerved. Overnight their spending power was one half, if I remember correctly. News articles about how the Peso is coming back are frequent, in fact there's a new out today. Speculators. How could that happen while a Mexican's spending power is knee-deep in mud? Link to comment Share on other sites More sharing options...
el bartman Posted January 5, 2018 Report Share Posted January 5, 2018 Seems to me the big peso tank was in 1994. Shortly after the NAFTA agreement. Link to comment Share on other sites More sharing options...
Ferret Posted January 6, 2018 Report Share Posted January 6, 2018 NAFTA was implemented in December of '93. The peso tanked in December of '94. Close enough. This is from today's Guadalajara Reporter... http://theguadalajarareporter.net/index.php/news/news/national/51185-high-inflation-tortilla-hikes-weak-peso-obscure-economic-vista Link to comment Share on other sites More sharing options...
snowyco Posted January 6, 2018 Report Share Posted January 6, 2018 Since you like~appreciate your maid & gardener, consider increasing their pay at least by the amounts that their local living costs have increased. 2018's PEMEX gas prices have generally increased 20% from 2017. Mexico imports about 45% of her food, so the MXN peso exchange rates DO affect Mexican's food costs. Mexico's monthly market basket prices increased between 3% to 11% => 6.6% annual average.** When basic fuel & food costs increase between 7%-20%, does it really make sense to give no wage increases ... or just 2% increases ... to employees we say we appreciate? If we're paying them $300 pesos for a house cleaning, then a 7% increase (that only barely covers their living-costs), costs the US expat just an extra ~$1 USD~ for every cleaning. Is a $1 USD increase "too much" ? **https://tradingeconomics.com/mexico/food-inflation Link to comment Share on other sites More sharing options...
mudgirl Posted January 6, 2018 Report Share Posted January 6, 2018 Not all expats are retired with their funds coming in in dollars. Some of us live and work here for pesos, and do not translate everything into its dollar value, believe it or not. Link to comment Share on other sites More sharing options...
ComputerGuy Posted January 6, 2018 Report Share Posted January 6, 2018 Mudgirl, I am starting to like you. Especially when you take on moshallow on other threads. Many people live and work here for pesos, not any kind of dollar. Those who do feel the rising costs just like the locals. I give my cleaning lady a bump when I feel the pain and I know she must be feeling it too. But I won't put up with some, like a friend's maid who demanded a raise from 50 (already the top of the scale as far as I am concerned) to 60, or she'd quit. I say let her quit; there are lots of people willing to work for an acceptable hourly wage. All she is going to get is jobless and no termination money. Link to comment Share on other sites More sharing options...
Alfa Posted January 6, 2018 Report Share Posted January 6, 2018 I hate to see so many mean spirited responses to this post. Link to comment Share on other sites More sharing options...
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