Mexico Aguinaldo, Finiquito and Severance Calculator

How it works

How the Mexico Aguinaldo, Finiquito and Severance Calculator works

Quick answer: On a daily salary of $500 MXN, resigning on October 31, 2026 after starting on March 1, 2021 gives a finiquito of about $15,476.03: prorated aguinaldo $6,246.58, vacation $7,383.56, and vacation premium $1,845.89.

Formula

Aguinaldo = daily salary × 15 × days worked this year ÷ 365
Vacation = days owed × days into the current service year ÷ 365 − days taken
Vacation premium = 25% of vacation pay
Seniority premium = 12 days × years of service × salary (capped at 2× minimum wage)
Severance = finiquito + 3 months of salary + seniority premium (+ 20 days per year where applicable)

Since 2023, workers get 12 vacation days in year one, 2 more each year up to 20 in year five, then 2 more every five years. The 2026 minimum wage is $315.04 a day ($440.87 in the northern border zone).

Worked example

Started March 1, 2021, left October 31, 2026 (5.67 years), $500 a day. Aguinaldo for 304 days this year: $6,246.58. Vacation: 14.77 of 22 days, $7,383.56. Vacation premium: $1,845.89. Total: $15,476.03, of which $5,278.95 would be ISR-exempt.

Same worker, different cases

Assumptions and limits

• Aguinaldo must be paid by December 20 and is at least 15 days of salary (LFT art. 87).
• The seniority premium is paid on dismissal, and on resignation only after 15 or more years (LFT art. 162).
• ISR exemptions: aguinaldo up to 30 UMA, vacation premium up to 15 UMA, indemnity and seniority premium up to 90 UMA per year of service (UMA 2026: $117.31).
• Assumes vacation from earlier years was already taken.