eSignature Legitimateness for Paid-Time-Off Policy in Mexico

How to eSign a document: eSignature legitimateness for Paid-Time-Off Policy in Mexico

>> PEOPLE MAKING MINIMUM WAGE WENT FROM $5 TO A LITTLE MORE THAN $9. AT CS FOOD SERVICE, STARTING PAY IS MORE THAN $13 A DAY, OR ABOUT $260. CS FOOD SERVICE IS A DISTRIBUTION FOOD HUB THAT IMPORTS FOOD FROM THE U.S. AND DELIVERS IN RESTAURANTS ACROSS MEXICO. WE MET THE FAMILY WHO RUNS THE COMPANY. COMPETITIVE WAGES ARE PART OF THE BUSINESS MODEL. >> YOU'RE A BUSINESS MAN. YOU STUDY ECONOMICS. DOES IT MAKE SENSE TO HAVE A STRONG ECONOMY ALONG THE BORDER AND A BUSINESS MODEL LIKE YOURS HERE? >> ONE OF OUR WORRIES HERE IN NOGALES IS WE KIND OF LACK INDUSTRIAL, ATTRACTION OF INVESTMENT HERE AT THE BORDER. I THINK IT'S A GOOD IDEA TO STIMULATE THE BORDER, RIGHT NOW, THAT WAY, WE CAN RECOVER FROM ANY NEGATIVE IMPACT THAT OTHER THINGS THAT MIGHT AFFECT THE ECONOMY. >> WHAT DO PEOPLE HERE MAKE ON AVERAGE FOR ONE OF YOUR EMPLOYEES HERE OUT ON THE FLOOR? >> WE'RE PAYING 4,000 PESOS A WEEK AVERAGE. WE HAVE HIGH SALARIES ON EMPLOYEES, AND THEN WE HAVE THE BASE, THE BASE EMPLOYEES. BUT RIGHT NOW, WE'RE AT THE LEVEL OF LIKE 680 DOLLARS A MONTH ON THE LOWEST TIER OF OUR EMPLOYEE BASE. >> WHAT'S THE BENEFIT TO YOU AS AN EMPLOYER TO PAY YOUR EMPLOYEES MORE THAN THE MINIMUM WAGE? >> I MEAN WE'RE TRYING TO REDUCE OUR ROTATION FOR EMPLOYEES. I MEAN WE FEEL THAT PICKING PRODUCTS, THAT IS MOSTLY IN OUR LANGUAGES, IN THE U.S., THEY'RE IN ENGLISH LANGUAGE, TRYING TO GET OUR EMPLOYEES TO STAY HERE, ON BOARD WITH US, BECAUSE THE MORE TIME THEY'RE HERE, THE MORE THEY KNOW THE PRODUCT, GET TO KNOW THE PRODUCTS. WE HANDLE OVER 4,000 SKUs. SO OUR STRATEGY IS THAT IF WE HAVE A BETTER PAY, SALARY AS A BASE, I THINK WE FEEL CONFIDENT THAT OUR PEOPLE WILL STAY HERE. I MEAN WE HAVE A GOOD ENVIRONMENT. BUT BESIDES, WE HAVE TO BE COMPETITIVE AS FAR AS THE SALARY IS CONCERNED. >> CAESAR IS ONE OF THE COMPANY'S 70-PLUS EMPLOYEES. HE JUST STARTED SIX YEARS AGO. AND HE WORKS IN MANAGEMENT, PUTTING HIS SALARY WELL ABOVE THE MINIMUM WAGE. AS FOR OTHER BENEFITS, HE TOLD US HE STILL PAYS THE SAME IN SALES TAXES. >> HE WAS, FROM JANUARY OF THIS YEAR, BUT AT THE MOMENT, FOR THE OLDER BUREAUCRACY, THAT OLDER COMPANIES HAVE TO ACCOMPLISH, WITH THE GOVERNMENT, THERE IS STILL NO REAL BENEFIT FOR US NORMAL PEOPLE, WORKING HERE, AND LIVING HERE IN THE NORTHERN PART OF MEXICO. >> ON THE PLUS SIDE, HE CAN GAS UP HIS CAR FOR LESS, AN IMPORTANT PERK CONSIDERING HE TRAVELS TO ARIZONA WEEKLY TO SHOP AND PREFERS TO BUY SOME BIG TICKET ITEMS IN THE U.S. >> FOR EXAMPLE, IF I WANT TO BUY A TV, I STILL DECIDE TO GO TO THE U.S. TO BUY IT. THERE IS STILL NO BENEFIT FOR ME BUYING IT IN MEXICO. >> THERE IS HOPE OF A LOWER SALES TAX THAT WILL TAKE HOLD SOONER RATHER THAN LATER AND WILLING TO GIVE THE GOVERNMENT AND RETAILERS TIME TO WORK OUT THE DETAILS. >> MEXICANS THOUGHT IT WAS GOING TO BE LIKE A SWITCH. THAT IT WAS GOING TO CHANGE FROM NIGHT TO DAY. TO MORNING. BUT NO, THERE'S DIFFERENT THINGS. I UNDERSTAND, WE UNDERSTAND. AND WE AS MEXICANS, WE CAN -- WE ARE GOING TO WAIT. >> GOOD MORNING.