The minimum wage in Venezuelalast increased to 130 bolivars in March 2022, when it was equivalent to 29.68 dollars, has been devalued by 82%, to reach the current 5.18 dollars, as a result of the inflationa situation that has prompted more than 2,000 labor protests this year, according to NGOs. This level of salary, the […]
Tag: salary
Easter 2023: in which cases am I entitled to receive triple pay if I work during the holiday?
Thursday, April 6 and Friday, April 7 of Holy Week are days declared national holidays for public and private workers, therefore, they must be paid in full without obligation to provide services, as established by Legislative Decree 713 – Law on Paid Breaks, stresses the Chamber of Commerce of Lima (CCL). However, the manager of […]
Newspaper reveals Messi, Neymar and Mbappé salaries at PSG; french gets almost twice as much
The French newspaper L’Equipe released the list of the highest salaries in European football on Wednesday. At the top of the list is PSG’s star attack trio, formed by Messi, Neymar and Mbappé. The French striker receives almost twice as much as his two teammates. Under the new contract signed in May 2022, Kylian Mbappé […]
How long would a Peruvian survive if they lose their main source of income?
The coronavirus pandemic severely hit the pocket of the family economy in Peru, where more than 70% of the labor force is informal, according to figures from the National Household Survey (Enaho). During this three-year period —interspersed quarantines and habitual political problems—, lThe purchasing power of citizens has been vulnerable to these emergency situations which, […]
Dybala sues Juventus over late payments
This Thursday, the Italian newspaper Gazzetta dello Sport released details of the lawsuit filed by Paulo Dybala, from Roma, against his former club, Juventus. The Argentine can claim damages for around 54 million euros not received. Juventus has been the target of several legal disputes in recent months. In January, the club was punished by […]
What are the labor factors that most motivate Peruvian workers?
After the changes in work systems brought about by the COVID-19 pandemic, the human talent management experienced significant challenges. In this new context, three factors that motivate workers Peruvians. 75% are motivated by work-life balance, to 73% the work environment and at 66% cprofessional development, according to the report “People Management Priorities for 2023”, by […]
New minimum wage in Venezuela, insufficient to get out of poverty
The increase in the minimum wage in Venezuela by 1,705%, announced by the illegitimate president Nicolás Maduro last week and which will go from US$1.6 a month to just under US$29, is insufficient for those who receive it —fundamentally employees public and pensioners- get out of extreme poverty, according to various experts and those affected. […]
CTS: teachers would obtain compensation equivalent to 100% of their salary
Through a change in article 63 of the Teacher Reform Law, Congress approved modifying the CTS of public teachers. The legislative initiative was admitted with 112 votes: teachers’ compensation will be 100% of their full monthly remuneration, per year or fraction of the months of official services actually worked, from their appointment to the date […]
Minimum salary could go up in the first semester
The head of the Ministry of Labor and Employment Promotion (MTPE), Betssy Chávez, estimates that during the first half of this year the increase in the minimum living wage (RMV) could be specified, which is at S/ 930, an amount established since 2018. “We optimistically understand that it has to be in the first semester,” […]
US raises minimum wage in 56 cities, counties and states since January
With information from EFE Workers in the United States who earn the minimum wage will benefit from an increase that will take effect on January 1 in 56 cities, counties and states, the National Employment Law Project (NELP) reported today. In 33 of those jurisdictions, the minimum wage will reach $ 15 per hour or […]