The president also said that he will give two other important news before the end of the year.
President Guillermo Lasso will make three announcements to the country over the next three weeks. The first of them will be on Monday, December 13, and will deal with the salary issue. This was announced by the president, in the program Encontrémonos en vivo, of the General Secretariat of Communication, which was broadcast on social networks on December 9.
“On Monday I am going to make an important announcement on the salary issue. Be aware. I just got there … On Monday the 13th we have an announcement, on Monday the 20th we have another announcement, and on Monday the 27th another announcement. There are three important announcements at the end of the year, to start 2022 with great enthusiasm, ”said Lasso, without giving further details about what he will say to the population.
14% of companies in Ecuador expect to increase wages in 2022, according to a survey by the consulting firm PwC
The definition of the unified basic salary (SBU) for 2022 is discussed in the National Council of Work and Salaries (CNTS), which is made up of workers and employers. The body is chaired by the Minister of Labor, Patricio Donoso.
On November 30, the third meeting of the Council was held in search of a consensus between unions and employers, but there was no agreement; the former ask for an increase of $ 25 -based on Lasso’s campaign offer- and the latter suggest that it be $ 2.66, according to macroeconomic estimates.
Faced with this situation, that same day, Donoso issued the Ministerial Agreement 268 with the which extended the term to fix the salary until December 22. The minister hopes that the parties will understand each other and establish an amount.
On December 22, the salary that will govern in 2022 will be set, according to the ministerial agreement of the Labor Ministry
The Labor Code provides that if there is no consensus between workers and employers, the Ministry of Labor has to set the value, for which it will be based on the projection of inflation for next year. According to the National Institute of Statistics and Censuses (INEC), an inflation of 1.28% is estimated for 2022. This would give a $ 5 increase in compensation.
Guillermo Lasso promised, during the electoral campaign, that in his government the basic salary would rise to $ 500. However, he has not said how much it will grow each year. (I)

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