The possibility of raising the minimum wage in Peru has been put on the table for debate again after the head of the Ministry of Labor and Employment Promotion (MTPE), Fernando Varela, indicated that they are preparing the technical aspect of the minimum living wage (RMV) to discuss it in National Labor Council and reach […]
Tag: minimum living wage
Julio Velarde: “Compared to the average salary of other countries, Peru’s minimum salary is high”
Julio Velardepresident of the Central Reserve Bank of Peru, pointed out this Friday, June 2, that if salaries rise very quickly, they tend to block the generation of employment. In this sense, he recalled that the minimum salary in Peru covers 60% of the average salary, a higher ratio than countries like Chile and Mexico, […]
Minimum wage in Peru: how much do labor unions propose to increase and what does the MEF think?
Due to the price hike of the basic family basket, different labor unions have advanced that they will propose to the Government to raise the Minimum Vital Remuneration (RMV), which today stands at S / 1,025, a value established since April 2022 during the administration of former President Pedro Castillo. These proposals have generated the […]
How much should you be paid if you work night shifts?
A night shift at work Peru implies a time between 10:00 pm and 6:00 am With the increase in the Minimum Vital Remuneration (RMV) to S/1,025, which came into force in May 2022, the minimum wage for night shift workers also increased. How much is the amount they receive and how to calculate it? The […]
How long would a Peruvian survive if they lose their main source of income?
The coronavirus pandemic severely hit the pocket of the family economy in Peru, where more than 70% of the labor force is informal, according to figures from the National Household Survey (Enaho). During this three-year period —interspersed quarantines and habitual political problems—, lThe purchasing power of citizens has been vulnerable to these emergency situations which, […]
If I had a second child, do I have to pay double family allowance?
In Peru, the payment of household allowance It is a right that, according to the provisions of Law 25129, corresponds to all formal workers who provide services for the private sector and have children of school age. This social benefit It must be delivered in its entirety and in addition to salary. In the event […]
Pedro Castillo: “No formal worker will earn less than 1,000 soles since December”
This Wednesday, the president Pedro Castillo He specified that his management will raise the current minimum remuneration, established at 930 soles. “Starting in December, no formal worker will earn less than 1,000 soles a month until the minimum wage is increased,” he said in Ayacucho during the presentation of the balance of his first 100 […]