Sneaky Employers in the Hot Seat for Dodging Profit Sharing

Mexican Social Security Institute (IMSS) tackles sneaky employers! Irregularities involving profit sharing (PTU) and disguised productivity bonuses have been detected. IMSS warns employers and their cohorts of the consequences. No more evading obligations!

Sneaky Employers in the Hot Seat for Dodging Profit Sharing
IMSS exposes the hidden schemes of employers using disguised productivity bonuses to evade contributions. Image by Ray Alexander from Pixabay

Attention, fellow citizens! It seems like some sneaky employers in Mexico have been up to no good, shirking their responsibility to pay out profit sharing (PTU) to their hardworking employees. The Mexican Social Security Institute (IMSS) recently uncovered several irregular practices, and they've decided enough is enough. Brace yourselves for some enlightening information about what's been going on and what the IMSS is doing to put a stop to it!

To set the stage, the technical council of the IMSS has given its seal of approval to a criterion aimed at guiding employers on the exclusions they've been trying to slip through the cracks. These exclusions involve PTU payments that exceed the legal limit or are paid outside the specified timeframe, as well as payments disguised as productivity bonuses. Sneaky, right?