It is not yet the right time to raise the Minimum Vital Remuneration (RMV), according to the banker. Price of the dollar today in Peru: what is the exchange rate for this Wednesday, May 10? Can I withdraw the CTS they deposit in May 2023? The president of the Central Reserve Bank of Peru (BCRP), […]
Tag: rmv
Increase in the Minimum Vital Remuneration does not destroy employment, affirms the Nobel Prize in Economics
The institutionalization of the adjustment of the Minimum Vital Remuneration (RMV) in Peru is just around the corner, but the business sector is reluctant to endorse this increase, alleging that the universe of beneficiaries is limited to the bare formal population and will feed unemployment. David Card, one of the three winners of the Nobel […]
Nobel Prize in Economics: “The increase in the minimum wage does not create or destroy value, it only redistributes it”
In 2021, economist David Card was one of three recipients of the Nobel Prize in Economicswhere he was recognized for his empirical contributions to labor economics, in which he argues that the minimum wage does not destroy employment. Precisely, a few weeks ago, the Spanish Government raised the minimum wage by 8% to 1,080 euros. […]
More than 1.6 million people from Lima earn less than the basic salary
Precariousness. Women work in worse conditions than men. Unemployment level grew 30% in the capital. According to him INEIin January of this year there are 5 million 93,700 citizens with a job, 1.1% more than what was seen between November, December (2019) and January 2020, a couple of months before the outbreak of the pandemic. […]
Congress proposes raising the minimum wage every two years
The Economy Commission of the Congress approved a bill (PL 1737/2021-CR) that strengthens the technical parameters for increasing the Minimum Vital Remuneration (RMV). Said proposal determines that a study be prepared that incorporates factors such as inflation, unemployment, economic growth, levels of informality and the ratio between the RMV and average remuneration, mainly; which must […]
Social dialogue: what do the workers, companies and the Executive propose as the CNT’s agenda?
Last Thursday, March 10, the coordinators of the group of workers, businessmen and representatives of the Executive power held a meeting, which was chaired by the head of the Ministry of Labor and Employment Promotion (MTPE), Betssy Chávez. The objective was to define the agenda that will be discussed in the sessions of the National […]
MTPE will define an increase in the minimum salary with a report that it will receive tomorrow from the INEI
The head of the Ministry of Labor and Employment Promotion (MTPE), Betssy Chávez, announced that tomorrow the National Institute of Statistics and Informatics (INEI) will send you a report that will be key for your office to define the new amount of the minimum living wage (RMV). “We are only waiting for a report that […]
Labor Commission approves opinion that seeks to set criteria for raising the minimum wage
The Labor and Social Security Commission of Parliament unanimously approved the opinion that establishes the criteria for determining the minimum living wage (RMV) and the frequency of its readjustment. The opinion, which will now be submitted to the Plenary of the Congressfor its debate, proposes that the readjustment of the minimum wage not be carried […]
MTPE Job Bank offers more than 9,000 job vacancies with salaries of up to S / 15,000
The Labor Exchange, a service of the Peru Employment portal of the Ministry of Labor and Employment Promotion (MTPE), currently offers more than 9,000 job vacancies with salaries ranging from S / 930 to S / 15,000, which is available to all people looking for one job opportunity. There are currently 9,585 current job vacancies […]
After almost four years, the minimum wage could be raised
2022 begins and part of the Government’s agenda for this year will be the discussion on the increase in the minimum vital remuneration (RMV), which currently amounts to S / 930 and has not had any variation since March 2018. That is to say, For almost four years, the minimum wage has been stagnant. Given […]