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 […]
Tag: rmv
Minister of Economy: The adjustment of the minimum wage will occur when the economy begins to grow
Raising the minimum wage does not yet appear on the Government’s agenda for this year. The head of the Ministry of Economy and Finance (MEF), Alex Contreras, reiterated that to increase the minimum vital remuneration (RMV) In Peru, which today stands at S/1,025, the economic context must be favorable; In addition, it is necessary to […]
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 […]
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, […]
Real income of workers is 5.8% below pre-pandemic levels
In August of this year, the average income of formal workers nationwide was S/2,816, which meant an increase of 15% compared to the year prepandemic when it stood at S/2,448. However, this value in real terms, that is, the purchasing power that a person has considering current inflation, reflects a drop of 5.8%, according to […]
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
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?
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 […]
Debate on the increase in the minimum wage is still on the waiting list due to the absence of the business sector
This Friday, August 25, the union and company representatives that make up the recently reinstated National Labor Council (CNT) were going to have a meeting to address the priority issues on the agenda for the labor sector. Nevertheless, the conciliation was suspended at the last minute by the National Confederation of Private Business Institutions (Confiep), […]
Increase in the minimum wage: what did the Government say about the increase?
It’s been over a year since the last one was given minimum wage increase in Peru. Then, former President Pedro Castillo, in May 2022, defined the new figure as S/1,025. Currently, between statements by different actors, such as the Government of Dina Boluarte, employers’ and workers’ unions, the discussion on this topic is expected, since […]