Nacional Monte de Piedad Strike Negotiations: Union and Representation Meet Amidst Ongoing Walkout

Web Editor

October 6, 2025

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Background and Relevance

The Nacional Monte de Piedad, a prominent financial institution in Mexico, has been facing an ongoing strike since October 1st. The situation escalated as the union and the company’s representation convened for negotiations on October 7th at the Federal Center for Conciliation and Labor Registry.

Key Issues in the Strike

Contract Violations

Arturo Zayún, General Secretary of the Nacional Monte de Piedad Union, highlighted two primary grievances leading to the strike. The first issue involves alleged breaches of the collective contract by the company.

Zayún explained that for five years, the company failed to open promotions for hiring new employees. Suddenly, they began opening positions without consulting the union. He noted that most new roles were given to “white” or newly formed unions created by the administration, while others went to members of the regular union who supported the administration or were persuaded to accept promotions with salary changes.

Annual Salary Review

The second issue pertains to the annual salary review, scheduled for October 18th. Although this process is still underway, no definitive actions have been determined.

The patronate has requested the labor authority to review the strike situation, which could potentially lead to a worker count. The upcoming October 10th incidental qualification hearing will receive evidence, and a possible count date may be set during this session.

Current Standoff

Despite the negotiation meeting, both parties have maintained their positions without significant progress or concrete proposals to resolve the conflict.

The union remains steadfast, believing that the company aims to diminish its role as a representative of the collective labor contract.

Key Questions and Answers

  • What is the main issue causing the strike? The primary concerns are alleged breaches of the collective contract by the company, including failing to consult the union before opening new job positions and creating “white” unions supported by the administration.
  • When is the next crucial event in this negotiation process? The incidental qualification hearing is scheduled for October 10th, where evidence will be presented, and a possible worker count date may be set.
  • Have there been any significant advancements or proposals in resolving the conflict? Unfortunately, no substantial progress or concrete proposals have been reported from either party.
  • What is the union’s perception of the company’s intentions? The union believes that the company aims to reduce its role as a representative of the collective labor contract.