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March 9, 2023
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Government announces salary increase of 19% to the minimum

Government announces salary increase of 19% to the minimum

The President of the Republic, Luis Abinader Corona, this afternoon led a press conference of the National Wage Committee (CNS) in which an increase of 19% was announced to the salary minimum for non-sectorized private employees.

The increase will be divided into two stages: 15% will be effective as of next April and 4% in February 2024.

The Minister of Labor, Luis Miguel De Camps, indicated that, after some six meetings in recent months, this agreement was reached.

Raphael Pepe Abreu indicated that the union of employers, government and union sector has given good results in the salary sector.

Abreu highlighted the treatment and good tripartite dialogue to achieve this objective.

The representatives of the trade union centrals presented a proposal of around 35%.

While Celso Juan Marranzini, president of the National Council for Private Enterprise (Conep) and representative of the employer sector, praised the great understanding that has been reached.

He was satisfied, since this increase also contemplates, in his opinion, the inflationary levels that could occur in 2024.

current salaries

1) Large companies 21,000 pesos

2) Medium companies 19,250 pesos

3) Small businesses 12,900 pesos.

4) Microenterprises 11,900 pesos

current ranking

Microenterprises are those with up to 10 workers and gross sales of up to 8 million pesos per year.

Small companies, from 11 to 50 workers and gross sales of between 8 and 54 million pesos in annual sales.

Medium-sized companies, from 51 to 150 workers and sales from 54 to 202 million pesos in annual sales

Large companies, with more than 150 workers and more than 202 million pesos in annual gross sales.

Dominican journalist and broadcaster, graduated from UASD. He covers the source of the National Congress and Politics for Diario Libre. He has also worked for the newspapers Listín Diario and El Nuevo Diario.

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