Post by rabia994 on Mar 8, 2024 22:20:33 GMT -6
If there is something that characterizes the Human Resources department, it is the constant management of the laws and regulations that make the operation of a company possible. One of them is the Social Security Law in Mexico which, among other things, allows workers to enjoy medical care. However, and as you may have already guessed, its operation is more complex than it seems as it involves different processes and steps. Therefore, in this blog we share the keys you need to master and effectively apply this Law. What is Social Security? The Social Security Law in Mexico is a federal law that establishes the mandatory and voluntary social security regime for workers in Mexico. It was created in and establishes a social insurance system that aims to provide protection and well-being to workers and their families. “Social Security is the basic instrument of social security, established as a national public service in the terms of this Law” Chamber of Deputies. This law establishes the right of workers to receive medical care, protection against occupational risks, pensions, disability and life insurance, among other benefits.
Employers and workers contribute to a common fund that finances social security programs. The institution in charge of administering and implementing the social security regime is the Mexican Social Security Institute (IMSS). This agency is also responsible for medical care, the administration of funds and the payment of pensions and other benefits to workers. There are two types of regimes, mandatory and voluntary . In the Mandatory Regime, the worker is affiliated by his employer because he has an em America Cell Phone Number List ployment relationship that requires his insurance, while in the Voluntary Regime, affiliation is the product of an individual or collective decision. The Mandatory Regime contemplates the following types of insurance: Work Risks (SRT) Diseases and Maternity (SEM) Disability and Life (SIV) Retirement, Unemployment in Advanced Age and Old Age (SRCV) Daycare and Social Benefits (SGPS) On the other hand, the Voluntary Regime has Family Health Insurance (SSFAM), Optional Insurance and some other voluntary incorporation modalities. The people who join this Regime are those who do not receive a formal salary, that is, casual workers, contractors or employees of a family business.
What is its importance in HR? Now that it has become clear what the Social Security Law in Mexico is about, the types of Regimes and the obligations that companies must comply with, it is time to review what the responsibilities of the HR department are to keep up to date with this Law. Human resources professionals have, among many others, the responsibility of ensuring that the company complies with all its legal obligations, including those related to Social Security. If the company does not comply with these obligations, it may face sanctions and fines. It is essential that workers access benefits such as medical care, disability or retirement pensions. If these benefits are not provided, workers may face health and economic hardship. Therefore, the correct implementation of this Law can help improve the quality of life of workers and their families, which translates into a better work environment and an increase in worker commitment. This and other Laws have been subject to reforms and updates over the years in order to adapt to the needs of Mexican workers.
Employers and workers contribute to a common fund that finances social security programs. The institution in charge of administering and implementing the social security regime is the Mexican Social Security Institute (IMSS). This agency is also responsible for medical care, the administration of funds and the payment of pensions and other benefits to workers. There are two types of regimes, mandatory and voluntary . In the Mandatory Regime, the worker is affiliated by his employer because he has an em America Cell Phone Number List ployment relationship that requires his insurance, while in the Voluntary Regime, affiliation is the product of an individual or collective decision. The Mandatory Regime contemplates the following types of insurance: Work Risks (SRT) Diseases and Maternity (SEM) Disability and Life (SIV) Retirement, Unemployment in Advanced Age and Old Age (SRCV) Daycare and Social Benefits (SGPS) On the other hand, the Voluntary Regime has Family Health Insurance (SSFAM), Optional Insurance and some other voluntary incorporation modalities. The people who join this Regime are those who do not receive a formal salary, that is, casual workers, contractors or employees of a family business.
What is its importance in HR? Now that it has become clear what the Social Security Law in Mexico is about, the types of Regimes and the obligations that companies must comply with, it is time to review what the responsibilities of the HR department are to keep up to date with this Law. Human resources professionals have, among many others, the responsibility of ensuring that the company complies with all its legal obligations, including those related to Social Security. If the company does not comply with these obligations, it may face sanctions and fines. It is essential that workers access benefits such as medical care, disability or retirement pensions. If these benefits are not provided, workers may face health and economic hardship. Therefore, the correct implementation of this Law can help improve the quality of life of workers and their families, which translates into a better work environment and an increase in worker commitment. This and other Laws have been subject to reforms and updates over the years in order to adapt to the needs of Mexican workers.