Vacation Premium: Who Qualifies and What You Get
Learn if you are eligible for the extra pay provided to employees in Mexico during their scheduled time off.
The Vacation Premium is an extra payment provided to workers to help cover costs during their time off.
Who it's for
To qualify for this benefit, you must be an employee who has completed more than one year of service with your current employer. This means that once you pass your first anniversary of employment, you become eligible for these additional funds alongside your standard vacation time.
What you get
When you take your scheduled vacation days, you receive an extra payment to supplement your income. This amount is calculated as 25% of your salary for the days you are taking off. This extra money is intended to provide financial support specifically for the period when you are not working.
What it costs you
There is no cost to you to qualify for this benefit. It is a mandatory requirement under the Ley Federal del Trabajo, meaning your employer is legally obligated to provide it as part of your employment terms. Because it is mandated by law, you should not have to pay a fee or provide any extra documentation beyond what is standard for your regular payroll.
The catch to know
A common issue is that workers often forget to include this premium when they are calculating their total expected pay. Because it is an extra amount on top of your regular salary, it is easy to overlook when planning your finances or reviewing your earnings. It is important to remember that this is a separate benefit from your base pay.
How to apply
- Verify that you have worked for your employer for more than one year of service.
- Confirm your upcoming vacation dates with your employer or your HR department.
- Review your pay stub once your vacation begins to ensure the extra percentage has been correctly included.
- If it is missing, contact your employer to discuss your eligibility under the Ley Federal del Trabajo.