It will not be a populist measure. Daniel Mauratehead of the Ministry of Labor and Employment Promotion (MTPE) spoke about the increase Minimum Living Wage (MLV), which currently stands at S/1025, indicating that the “president is very concerned about the issue.”
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“Regarding the minimum wage, we have already said that there is even a presidential concern. The president is very concerned about the increase in the minimum wage, but as I have repeated many times, this cannot be a political or popular response. It has to be a technical response so that we have to increase (the wage), but without affecting micro-entrepreneurs and small businesses, where there are almost 400 thousand workers receiving a minimum wage.“Maurate told Canal N.
Regarding the march called by the CGTP for this July 19, which demands the pay riseThe head of the sector asked that the protests be peaceful without affecting people and private property so as “not to scare away investment.”
“Large companies pay more than S/3000, medium-sized companies pay more than S/2600. Therefore, we must take great care of small and micro-enterprises, which is the most sensitive sector. I recognize the criticism and concern of workers. It is reasonable.“, he explained.
Less enthusiastically than on other occasions, Maurate said that “we must listen to the employers and then we will reach an understanding, an agreement. Finally, this agreement will be translated into a decision.”
The Minister of Economy and Finance, José Arista, stated in March that it is not the time to increase the minimum wage: “I personally think that it is not yet time to talk about this issue.”
What is the Minimum Living Wage?
It is the minimum wage that an employer must pay a worker, established by the Government, to ensure decent working conditions and cover basic needs. To date, the basic salary in Peru is S/1,025.
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