He Minimum salary in Peru It has been a central issue on the government’s economic agenda. After months of evaluations and debates at the Ministry of Economy and Finance (MEF) and the Ministry of Labor, an increase that will directly impact the purchasing power of workers will be approved.
This increase, announced by President Dina Boluarte, seeks to improve the economic capacity of the Formal workers in the country. However, salary readjustment has also generated reactions in various sectors, including unions and entrepreneurs, due to its effects on the economy and employability.
How much amounts to the minimum salary in Peru in 2025?
He Minimum salary in Peru By 2025 it has been set at S/1,130. This amount represents an increase of S/ 105 compared to the minimum vital remuneration (RMV) in force until December 2024, which was S/ 1,025.
The increase was formalized by the Executive and entered into force on January 1, 2025. According to statements by President Dina Boluarte, this decision responds to a technical analysis that evaluated the cost of living and inflation, seeking to guarantee better salary conditions for Low income workers.
Who benefited from the 2025 salary increase?
He Minimum salary adjustment It benefits formal workers from the private and public sector who work a full day of 48 hours per week or its equivalent in other hiring modalities. The main groups that receive the direct impact of this increase are:
- Workers with family assignments, who in addition to the base salary, receive an additional for having minor children.
- Employees at night, whose salary is calculated with a 35% surcharge on RMV.
- Practitioners and workers under specific regulations, who will see adjustments in their stipends according to current regulations.
Since when did the minimum salary increase in Peru apply?
He minimum salary increase In Peru, it entered into force on January 1, 2025. However, the effective application depends on the type of contract and the sector in which the worker operates. In the private sector, the implementation of the new salary can vary according to the payment schedule of each company. In the public sector, the salaries update is carried out in accordance with the provisions of the MEFfollowing the state payment schedule.
The Government assured that this measure was taken responsibly, prioritizing the well -being of workers without significantly affecting the country’s economic stability.
List of the increase of the latest minimum wages in Peru
The minimum salary in Peru has experienced various increases in recent years. Next, a list is presented with the main adjustments:
- March 2000: S/345 → S/410
- September 2003: S/410 → S/460
- January 2006: S/460 → S/500
- October 2007: S/500 → S/530
- January 2008: S/530 → S/550
- December 2010: S/550 → S/580
- February 2011: S/580 → S/600
- August 2011: S/600 → S/675
- June 2012: S/675 → S/750
- March 2016: S/750 → S/850
- March 2018: S/850 → S/930
- May 2022: S/930 → S/1.025
- January 2025: S/1.025 → S/1.130
What is the minimum vital remuneration?
The Minimum vital remuneration (RMV) is the legal minimum salary that an employer must pay to its workers for a complete working day. Its main objective is to ensure that employees receive sufficient remuneration to cover their basic needs and those of their families.
This concept is regulated by the State and its modification depends on economic factors, such as GDP growth, inflation and labor market situation in the country. In Peru, RMV applies to formal workers on the payroll, who also have additional benefits such as health insurance, gratifications and family assignments.
With the increase in RMV, how much will the contributors receive to EsSalud?
With the new minimum salary of S/1,130, contributions to Essalud have also increased. The mandatory discount for Social Security is 9% of the total salary, which is equivalent to S/101.70 per month. This amount is directly discounted from the remuneration of formal workers in the form and is intended for Essalud to guarantee the health coverage of the insured.
It is important to note that this discount may vary depending on the additional income received by the worker. If the employee receives bonuses, compensation for overtime or any other additional income, the contribution to Essalud will increase proportionally.
Source: Larepublica
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