Increase in the minimum wage 2024: what did the Minister of Labor say about a possible increase?

Five months ago, President Dina Boluarte announced during her first message to the Nation that the increase in the minimum living wage could materialize soon if there is social dialogue between business associations and union centers. Since then, the members of the National Labor Council have not been able to reach a consensus on the matter.

Regarding this possibility, the Minister of Labor and Employment Promotion, Daniel Maurate, spoke again to give his perspective on an eventual increase in this income and advanced some scope regarding the first meeting of the CNTPE scheduled for January of this year. . Let us remember that a month ago, the head of the MTPE had recognized that “this level of the minimum vital remuneration was not enough to give people a decent life.”

What did the Minister of Labor say about the increase in the minimum wage?

In statements to RPP Noticias, the Minister of Labor, Daniel Maurate, expressed his confidence that the Peruvian economy will recover in 2024 and considered that this will be the favorable scenario to restart the discussion of the increase in the minimum vital remuneration that is currently set at S/1,025.

“If we manage to recover our economy as planned during 2024, I believe it will be an appropriate scenario because workers deserve better remuneration, especially those in microenterprises. We all have to start contributing to make Peru an attractive place for investment because if it grows, there will be more work spaces and better conditions, among them, the increase in the minimum vital remuneration,” said Maurate.

The head of the MTPE recalled that there is a commitment by President Dina Boluarte in her speech on July 28 to address the increase in the minimum vital remuneration within the National Labor Council and highlighted that said body will meet for the first time in the year in this January, without the presence of the media.

Although there is no scheduled date to resume the discussion of the increase in the RMV, Maurate explained that in the first meetings of the CNT general issues will be addressed to regain trust between employers and workers that was damaged because decisions were previously made on the sidelines. from them. “I am going to explain to employers and workers what I want and I will invite them to a national dialogue on major issues such as the fight against informality and issues related to productivity and competitiveness,” he said.

When was the last time the RMV was increased?

ANDhe last increase in the Minimum Living Remuneration (RMV) occurred on May 1, 2022, during the mandate of former president Pedro Castillo. Through Supreme Decree N°003-2022-TR, an increase of S/95 was established to the value that existed at that time, causing the minimum wage to go from S/930 to S/1,025.

Which government increased the minimum wage the most in the last 20 years?

Throughout our history, the presidents of Peru have issued various legal devices to increase the minimum wage and in this way, improve the living conditions of the population. From 2003 to the present, the RMV has increased by S/615. In this regard, the Ollanta Humala government was the one that increased this amount the most in the last 20 years, since this income went from S/600 to S/850, which is equivalent to 41.67%.

In second place is the management of former president Alejandro Toledo, who increased the RMV twice, whose value went from S/410 to S/500, which means a variation of 21.95%. Then comes Alan García, who made the increase in the minimum wage official on up to four occasions, going from S/500 to S/600, which is equivalent to 20%.