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Tag: minimum wage

ILO: Workers in poverty can increase

ILO: Workers in poverty can increase ILO: Workers in poverty can increase

In Latin America and the Caribbean, the mass suffering from the “poor worker phenomenon” may continue to increase, as warned by the International Labor Organization (ILO) in the presentation of its ‘Labor Outlook 2023’ report. For Roxana Maurizio, expert in labor markets and coordinator of the report, This has to do with the low average […]

Neither from Peru nor from Argentina: this is the lowest salary in Latin America

Neither from Peru nor from Argentina: this is the lowest salary in Latin America Neither from Peru nor from Argentina: this is the lowest salary in Latin America

The minimum wage in Latin America is always a topic of discussion, since economic needs and changes require a constant update of salaries. Furthermore, workers are always pushing and fighting for new increases; Therefore, among the countries in the region there is a great difference in the established amount. In this note, we detail how […]

MEF on raising the minimum wage: “In the face of recovery this issue could be discussed again”

MEF on raising the minimum wage: “In the face of recovery this issue could be discussed again” MEF on raising the minimum wage: “In the face of recovery this issue could be discussed again”

During his message to the nation of 28 of Julythe president of the Republic, Dina Boluarte, expressed his desire to soon announce an increase in the minimum vital remuneration (RMV), which is currently at S/1,025. However, more than three months after this speech, the perspective on this issue has changed. In the words of the […]

Alfonso Bustamante: “Political instability prevents private investment from growing in Peru”

Alfonso Bustamante: “Political instability prevents private investment from growing in Peru” Alfonso Bustamante: “Political instability prevents private investment from growing in Peru”

Alfonso Bustamante, president of one of the most powerful unions in the country, clarifies that the recession is due to long-standing political instability that does not reach the deactivation of the JNJ. He hopes for measures to reactivate agriculture and a profitable anchovy season, but he does not see necessary changes in the cabinet. -The […]

Minister of Labor: “The minimum wage is not enough, but we have to get through the recession”

Minister of Labor: “The minimum wage is not enough, but we have to get through the recession” Minister of Labor: “The minimum wage is not enough, but we have to get through the recession”

The head of the Ministry of Labor and Employment Promotion (MTPE), Daniel Mauratespoke out again about a possible increase in the minimum living wage after days ago he was against this measure due to the economic crisis that the country is going through. “We are going to get out of this recession and we will […]

MEF also sees no room to increase the minimum wage in the midst of a recession

MEF also sees no room to increase the minimum wage in the midst of a recession MEF also sees no room to increase the minimum wage in the midst of a recession

The vice minister of Economy, Juan Pichihua Sernapointed out that an eventual increase in the Minimum Vital Remuneration (RMV) is not on the radar of the Ministry of Economy and Finance (MEF) in a recession scenario that urgently needs to be reactivated through private investment. During his presentation at the Peru Sustainable Social Infrastructure conference, […]

Minister of Labor: The worst time to raise the minimum wage is in a recession

Minister of Labor: The worst time to raise the minimum wage is in a recession Minister of Labor: The worst time to raise the minimum wage is in a recession

The head of the Ministry of Labor and Employment Promotion (MTPE), Daniel Maurate Romero, explained that in the context of recession that the Peruvian economy is going through, there is no room to discuss a possible increase in the minimum vital remuneration (RMV). Likewise, he noted that the Government is aiming to recover and get […]

Minister of Labor: Increase in the minimum wage must be based on consensus between workers and employers

Minister of Labor: Increase in the minimum wage must be based on consensus between workers and employers Minister of Labor: Increase in the minimum wage must be based on consensus between workers and employers

The Minister of Labor and Employment Promotion, Daniel Mauratein line with the sixth recommendation of the Organization for Economic Cooperation and Development (OECD), in order for Peru to be admitted to this organization, mentioned the prospect of an eventual increase in the minimum salary. The organization to which developed countries belong previously indicated that Peru […]

OECD proposes that the minimum wage in Peru be differentiated by age or region

OECD proposes that the minimum wage in Peru be differentiated by age or region OECD proposes that the minimum wage in Peru be differentiated by age or region

After the president of the Republic, Dina Boluartein his message to the nation on July 28, expressed his desire to announce “soon” an increase in the minimum vital remuneration (RMV) – currently set at S/1,025 – after consensus between workers and employers, the issue has returned to the public agenda, to such an extent that […]

Increase in the minimum wage: how is the proposal going and why was the session of the National Labor Council suspended?

Increase in the minimum wage: how is the proposal going and why was the session of the National Labor Council suspended? Increase in the minimum wage: how is the proposal going and why was the session of the National Labor Council suspended?

The increase in the minimum wage is still on hold after the announcement by President Dina Boluarte in her latest message to the nation. Despite the fact that the meeting of the representatives of trade unions and private companies in the reactivated National Labor Council was scheduled for Friday, August 25, said session had to […]

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