Minimum Wage: Since when will the increase announced by the Government take place?

The Ministry of Labour, through a supreme decree, announced the increase in the Minimum Living Wage from S/ 930 to S/ 1025. In this way, the salary rises after four years (2018) and does so by S/ 95.

“The measure will benefit about a million and a half workers who represent 30% of the private workforce. Minimum Living Wage remained frozen for four years,” the Ministry of Labor said on Twitter.

The criteria for establishing the increase of S/95 with respect to the amount still in force of S/930 were worked on jointly by professional technicians from MTPE, the Ministry of Economy and Finance (MEF) and INEI.

WHEN WOULD YOU INITIATE THIS NEW PAYMENT?

According to the Supreme Decree, this measure is effective from May 1 and is estimated to benefit more than 1.4 million private sector workers who currently have a salary lower than the new established amount and who represent 30% of their labor mass, according to information from the electronic spreadsheet.

This time, the increase was proposed and supported by the Minister of Labour, Betssy Chavez, last Thursday in an extraordinary session of Congress and subsequently commented on by the Minister of Economy and Finance, Óscar Graham.

“It must be considered that when these types of measures are taken there is one sector that benefits and another that is affected. That is part of the balance that has to be done,” said the head of Economía in statements to local media.

MYPES AGAINST RAISING THE MINIMUM WAGE

Mypes spokespersons rejected the government's new measure to increase the minimum wage in Peru, as they say that this agreement was not communicated or discussed with the unions in this sector.

Through a statement, they said they disagreed with the new mandate presided over by President Pedro Castillo.

“It threatens the recovery process of small and micro enterprises in the country and condemns them to informality. This measure does not consider the reality we have been going through as a sector and it seems that President Castillo is also ignoring it. Does he not know that the Peruvian Mype concentrates the largest number of workers in the country?” , they argue.

“We need labor standards to be technically supported and agreed upon in the National Labor Council, which, according to the Constitution, is the legitimate space for real dialogue because it involves multiple actors,” they add.

For his part, Román Miu, coordinator of the National Platform for MSMEs Guilds, considered that it was not the right time to increase the minimum wage. He specified that the proposal for the increase should not be evaluated in the Council of Ministers, but in the National Labour Council, since it brings together workers, business associations and the State.

On the other hand, they call on the Minister of Labour to promote employment in our

“We demand that the Minister of Labour fulfil her role in promoting employment and thus contributing to the generation of more opportunities for all Peruvians,” they say.

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