Minimum Wage in Peru Increases

Minimum Wage in Peru Increases
Tuesday May 03, 2016
Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on Pinterest

As millions of Peruvians celebrated Labor Day on Sunday, May 1st, they also had something else to celebrate: an increase in the minimum wage!

Starting on May 1st, President Ollanta Humala declared a new minimum monthly wage of S/. 850. The minimum wage used to be S/. 750, so it saw an increase of S/. 100.

Humala announced this good news while attending a meeting of Trabaja Peru. The meeting took place in Puno on March 30th.

Previously, the minimum wage in Peru was S/. 675, but was raised in 2012 by S/. 750. Starting on Sunday, May 1st, the new minimum wage will be effective. As Labor Day came and went, Peruvians will continue to celebrate this victory of an increase in wages.

Leave a Reply

Your email address will not be published. Required fields are marked *

© Cultural and Travel News Peru, . All Rights Reserved