This measure responds to the rise in the prices of essential foods, which has impacted the affordability of these products for a large part of the population. In her speech for Independence Day 2023, the president of Peru, Dina Boluarteannounced his intention to salary increase current minimum, which stands at 1,025 soles (equivalent to 267 dollars).
“Our Government has managed to get the trade unions and business associations to resume dialogue in the CNT, an important step for the democratic governance of labor relations in our country. My Government hopes that, as a result of this dialogue between the trade unions and business unions, we will soon be able to announce to the country the increase in the minimum vital wage, which will improve the living conditions of our workers,” said Head of State Boluarte.
The population has welcomed the news with enthusiasm, and now awaits with expectation the date on which the measure will come into force. With this purpose in mind, Depor has prepared this article to provide details on the amount of the salary increase, its implementation date and other aspects related to changes in the salary of Peruvian citizens.
When was the last salary increase in Peru?
In May 2022, under the mandate of former President Pedro Castillo, Decree No. 03-2022-TR was issued, which established an increase of 95 soles in the RMV (Minimum Vital Remuneration). Consequently, from that moment on, the salary rose from 930 soles to 1,025.
How much will the minimum wage increase?
So far, Dina Boluarte has not provided details on the amount of the new salary. It is important to note that to be eligible for this increase, it is necessary for the worker to be registered on the payroll and for the company to comply with the corresponding formalities.
When will the minimum wage for workers increase?
The statement took place within the framework of the message for the National Holidays, although the president did not specify a specific date or an approximate term for the implementation of the new salary in public and private companies. It is important to bear in mind that a salary increase entails a series of points that the Government must analyze carefully.
What is the current minimum wage?
Currently, the minimum wage for workers is 1,025 soles. It is essential to consider that from this salary, the company deducts from its employees the amount corresponding to the AFP (Contribution of the Pension Fund Administrator), which varies according to the salary received.