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Tag: salary

Salary increase in Peru: how much is the minimum wage and what is known about its increase?

Salary increase in Peru: how much is the minimum wage and what is known about its increase? Salary increase in Peru: how much is the minimum wage and what is known about its increase?

Peruvian workers are waiting for the latest news about the minimum wage increaseto which he referred Dina Boluarte in his presidential address on July 28. Since then, other government officials and unions have spoken about it. For this reason, in this note, we tell you about the status of this proposal and the current value […]

Salary in rural Peru is half in urban areas

Salary in rural Peru is half in urban areas Salary in rural Peru is half in urban areas

According to the latest national employment report from INEI, the average monthly income received by workers in rural areas (S/854.6) is approximately 50% of the salaries received in urban areas (S/ 1711). (See graph) The situation is aggravated when considering that, during the first quarter of 2023, it was reported that 140,100 (-4.1%) people of […]

Real estate prices push young Chinese to live in mobile homes

Real estate prices push young Chinese to live in mobile homes Real estate prices push young Chinese to live in mobile homes

Twiggy He’s house is less than 10 square meters. Of course, she can park it in front of her office and with its open kitchen, her bathtub and her electric piano it is the envy of her classmates. With this reconditioned yellow van, baptized “YOLO” (“You only live once”you only live once in English), it […]

Mexico, the OECD country that most revalued the minimum wage since the end of 2020

Mexico, the OECD country that most revalued the minimum wage since the end of 2020 Mexico, the OECD country that most revalued the minimum wage since the end of 2020

Mexico is, by far, the country of the OECD in which the minimum wage has risen the most in real terms since the end of 2020, 43.6% until May of this year, compared to an average of 2%. In its annual employment outlook report published this Tuesday, the Organization for Economic Cooperation and Development (OECD) […]

Bonus and bonus 2023: which workers receive full salary and who only an amount of S / 300?

Bonus and bonus 2023: which workers receive full salary and who only an amount of S / 300? Bonus and bonus 2023: which workers receive full salary and who only an amount of S / 300?

July It is one of the months most anticipated by workers in the private and public sectors, because they receive a bonus addition to your monthly salary. During this period, gratuity and bonus They are two of the most used terms and, although they seem synonymous, they have notable differences in terms of amount and […]

Bonus 2023: how much should I receive if I work less than 6 months?

Bonus 2023: how much should I receive if I work less than 6 months? Bonus 2023: how much should I receive if I work less than 6 months?

One of the most anticipated social benefits by Peruvians is the gratuity, a social remuneration that is deposited to the employee in mid-June and at the end of the year. This economic addition serves as relief for millions of workers who are on payroll. According to Gratuity Lawthe payment of this social benefit becomes effective […]

Keys to salary recovery in Venezuela

Keys to salary recovery in Venezuela Keys to salary recovery in Venezuela

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 […]

Easter 2023: in which cases am I entitled to receive triple pay if I work during the holiday?

Easter 2023: in which cases am I entitled to receive triple pay if I work during the holiday? 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

Newspaper reveals Messi, Neymar and Mbappé salaries at PSG; french gets almost twice as much 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?

How long would a Peruvian survive if they lose their main source of income? 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, […]