Minimum salary of 500 thousand pesos in Chile: who would receive the increase and since when?

The rise of minimum wage in Chile it has been approved and will benefit a specific group of workers. The bill, which establishes an increase of $500,000, has been dispatched in the Chamber of Deputies and is waiting to be promulgated by the Executive and subsequently published in the Official Gazette.

It is important to note that the increase in the minimum wage in Chili it will only affect those workers who currently receive the minimum income. Those employees who already receive higher salaries will not experience an increase in their remuneration. In addition to the minimum wage, this increase will also impact the amount of some state bonuses, such as the Guaranteed Minimum Income (IMG), the Family and Maternal Allowance, the Family Subsidy and the Grace Pension.

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