The Minister of Labor and Employment Promotion, Daniel Maurateaddressed again the issue of a potential increase in the minimum wage for the year 2024. In this context, it revealed certain key aspects related to the analysis of said initiative, a situation that keeps a large number of Peruvian citizens in expectation of a decision that satisfies the needs of the basic family basket.
He Minister of Labor He indicated that his priority is to debate the new regulations that the National Labor Commission would have because it will allow them to strengthen this mechanism. “We want the National Labor Commission to have a strong institutional framework that meets periodically and does not depend on the will of a union or ministers,” said Daniel Maurate.
What did the Minister of Labor say about the increase in the minimum living wage?
Minister Daniel Maurate pointed out that in the In the month of February, the increase in the minimum wage will not be debated because it is not on the agenda. Furthermore, he added that there are currently no conditions for an increase, due to the recession. “We hope that production will recover this year, and the economic recovery will be a good scenario to discuss the increase in the minimum wage,” explained the head of Labor.
On the other hand, the Minister pointed out that formality should have grown between 2% to 3%; However, this will be verified in the December report. Furthermore, he pointed out that Currently 5.5 million workers are on the payrollof which 4 million are from the private sector and 1.5 million belong to the public.
Previously, Daniel Maurate committed to meeting with the National Labor Council, in President Dina Boluarte’s speech to the Nation in 2023.
“We did not do it last year because the economy entered a recession, and in a recession situation it is not advisable to increase the minimum wage. The outlook is very favorable for this year. Hopefully we will have that announcement by July 28 (National Holidays), but it depends on how the economic recovery goes,” said the head of the MTPE.
When was the last time the minimum wage was increased?
The last increase in the Minimum Living Remuneration (RMV) was on May 1, 2022, when former President Pedro Castillo signed Supreme Decree No. 003-2022-TR that increased the minimum wage by S/95. At that time this was S/930 and became S/1,025
Who was the president who increased the minimum wage in Peru the most in the last 20 years?
Although there have been several increases in the minimum wage in Peru during the last 20 years, the president who increased this figure the most was former president Ollanta Humala, who went from S/600 to S/850, which represents an addition of 41, 67%. Previously, during the government of Alejandro Toledo, the minimum wage had gone from S/410 to S/500, which means a variation of 21.95%.
Source: Larepublica
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