The base salary was set at $ 425.
President Guillermo Lasso announced this Monday night an increase of twenty-five dollars in the basic salary for 2022. With this, the basic salary will be at 425 dollars for next year.
By 2021 there was a freeze, so there was no increase.
Article 117 of the Labor Code indicates that the State, through the National Salary Council, will annually establish the unified basic salary or salary for private workers. Article 118 states that if this Council does not adopt a resolution by consensus, a new one will be convened and if this does not reach consensus, the Minister of Labor will set the percentage of increase “equivalent to the projected consumer price index, established by the public entity authorized for this purpose ”.
The president issued Decree 286 where he ordered the Minister of Labor to put into consideration by the Council the setting of the basic salary of $ 425 per month as of January 1, 2022.
President Guillermo Lasso announces that the Unified Basic Salary will rise to $ 425 in 2022
In his speech, Lasso indicated that this salary increase seeks to improve the income of Ecuadorians and that the economic reactivation must begin with the most needy families and the workers who help the country grow and that wealth must reach the workers first.
In the campaign for president, Lasso promised to increase the base salary from $ 400 to $ 500 in the four years of his administration. (I)
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