Article from Mexican Labor News & Analysis
Published by UE International.
Date published: May, 2016
Web version: http://www.ueinternational.org/Mexico_info/mlna_articles.php?id=245#1838
The Federal Electrical Commission (CFE), the state company that provides electricity for most of Mexico, announced on May 19 that it would lay off 10,000 workers in the next three years, according to documents provided to the media. The arrangement has apparently been made with the acceptance of the Sole Union of Electrical Workers
(SUTERM), which represents CFE workers.
The SUTERMís 15-member executive board, which is negotiating the layoffs, is made up of some of the highest paid union officials in Mexico. Executive board members earn between 54,000 and 161,000 pesos per month. The highest paid officer makes US $8,715 per month or US $104,508 per year. The average pay in Mexico is $214 pesos per day or
about US $500 per month.