This December 31 concludes the period for the total and free release of 100% of the Compensation for Time of Service (CTS), enabled under Law 31480 and intended to cover the economic needs derived from the COVID-19 pandemic. COVID-19. In this context, on November 7, the Labor and Social Security Commission approved the replacement text, […]
Tag: MTPE
MTPE: National Labor Council will meet in January 2024, but behind closed doors
Minister Maurate acknowledged that “workers and employers have lost confidence in the institution.” There is still no clarity about a debate regarding the increase in the minimum wage, since he associated it with getting out of the recession. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate […]
INEI: 7 out of every 10 Peruvians have an informal job
During the third quarter of this year, 17 million 207,200 people were working in the country, which meant a drop of 0.9% compared to the same period in 2022, that is, around 156,800 citizens stopped having jobs between July and Septemberaccording to the Permanent National Employment Survey (EPEN) carried out by the National Institute of […]
100% of the CTS could be available until 2024
According to current regulations, workers have until December 31 of this year to withdraw 100% of their Compensation for Time of Service (CTS); However, in Congress they are seeking to extend the period for 12 months. Yesterday, the Labor and Social Security Commission approved by majority an opinion contained in bills n° 5009/2022-CR, n° 5185/2022-CR […]
MTPE and SBS against the withdrawal of 100% of the CTS being extended until 2026
The deadline for companies to deposit compensation for time of service expires on November 15 (CTS) to its workers. Jorge Carrillo Acosta, professor at Pacífico Business School, points out that more than 4 million people will receive this paymentwhich will imply a disbursement of around S/2.5 billion by employers. Although the CTS serves as financial […]
Workers can withdraw 100% of their CTS until December
Companies have until November 15 to deposit compensation for time of service (CTS) to workers on the payroll. This work benefit acts as unemployment insurance. However, given the need for resources to face the rise in prices, a law was issued in May 2022 so that it can be freely withdrawn. The rule establishes that […]
Motorists without insurance earn an average of S/1,500 per month
A report presented by the Peruvian Institute of Economics (IPE) in the second half of this year maintains that 65% of workers on urban mobility and delivery platforms that operate in our country consider that their income has reduced or remained the same since they began using these digital tools. The study, which collects the […]
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 […]
What are the benefits that a mype has access to when it becomes formal? Sunafil explains the process
The micro and small businesses (mypes) They will access a series of benefits, such as a special labor regime for hiring workers, which will allow them to generate savings if they opt for formal employment, stressed the National Superintendency of Labor Supervision (Sunafil). Workers in this regime, who receive a minimum vital remuneration (RMV), have […]
MTPE prepares registry of informal workers, how is the document prepared?
In Peru, there are more than 13 million informal workerswhich represents more than 75% of the current workforce, said this morning the Minister of Labor and Employment Promotion, Daniel Maurate. The head of this portfolio explained that, of this figure, 73.5% of informal workers are men and 78.6% are women. Furthermore, when analyzing by age […]