The dream of owning your own home represents one of the greatest goals for many people. A space where you can live and materialize your desires and reside with your family. However, with the real estate boom and the current costs of housing in relation to the minimum vital remunerationthis goal seems increasingly distant. In […]
Tag: minimum wage
Increase in the 2024 minimum wage under debate: what did Minister José Arista say about this measure?
The discussion about the minimum wage increase For the year 2024 it is a topic of interest for all sectors of the Peruvian economy. The possible modification of the salary is crucial for the quality of life of workers and the balance of the labor market. Recently, the Minister of Economy and Finance (MEF), José […]
They propose that the minimum pension in the ONP be equal to the minimum salary
Given the rising cost of living, Congress seeks to ensure that the minimum pension for ONP retirees is on par with the minimum vital remuneration (RMV). The initiative, presented by non-group congressman Jaime Quito Sarmiento, is based on the need to provide a dignified old age to Peruvians at the end of their working career […]
Congress: they seek to make the minimum pension equal to the RMV
Bill promotes the progressive adjustment of pensions, at most, in 3 years. Join the La República WhatsApp channel Price of the dollar in Peru today: what is the exchange rate for this Sunday, February 25? Banco de la Nación, March 2024: see the salary and pension payment schedule in the State Through bill No. 7103/2023-CR, […]
Agriculture, fishing and mining workers earn below the minimum wage
In 2023, the Peruvian labor market fell 0.9%, according to the National Institute of Statistics and Informatics (INEI). 17 million 179,800 workers were registered, and, from the IPE, they point out that it is the most critical figure in more than 20 years. From that universe4 million 161,700 compatriots work in agriculture, fishing and mining, […]
Labor Minister soon rules out debate on increasing the minimum wage
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 […]
CGTP announces mobilization to increase the minimum wage: how much are the unions asking for?
During the last 20 years, the minimum living wage in our country has been increased 11 times by the governments in power. However, the amount of S/1,025 that workers receive has suffered a large devaluation and is not enough to cover the basic family basket, which today is subject to price variability in different items, […]
Low salary in Peru: 65% of Peruvians are dissatisfied with their salary
65% of Peruvians disagree with their salary, according to the Michael Page 2024 Compensation Study. For the research of one of the most important companies in the professional recruitment market, more than 8,000 people were surveyed, including employees and employers, and it was determined that salary is the main factor that defines job satisfaction. The […]
MTPE on raising the minimum wage: “Hopefully by July 28 we can announce it”
The head of the Ministry of Labor and Employment Promotion, Daniel Maurateinsisted that “there is a presidential commitment” to raise the Minimum Living Remuneration (RMV) but its debate and approval is not a priority in the National Labor Council (CNT), a space where the State, employers and workers discern labor policies. The official acknowledged that […]
Will there be an increase in the minimum wage in 2024? What the Minister of Economy said
Opinions about increasing the minimum wage have been circulating among the Executive since 2023, since, given the rise in the cost of the basic basket (product of inflation) and the economic recession, many citizens are expecting that it can be increase this amount to access a better quality of life. Therefore, the Minister of Economy […]