The Government approved, by means of a supreme decree, that the Minimum Vital Remuneration (RMV) in the country will increase from S/ 930 to S/ 1,025 from May 1 of this year. In this note we tell you what has been the evolution of the minimum wage in the last 20 years.
According to the Ministry of Labor and Employment Promotion (MTPE), the new increase in the minimum wage will benefit more than 1.4 million workers in the private sector who currently have a payment lower than the new established amount and who represent 30% of their mass. labor.
The criteria to establish the increase to S/ 95 with respect to the minimum salary still in force of S/ 930, were worked out jointly by the Ministry of Labor, the Ministry of Economy (MEF) and the National Institute of Statistics and Information Technology.
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Evolution of the minimum wage
Throughout history, the current presidents increased the RMV for a better life for Peruvians. The remuneration was not always S / 930, as it will be until April 30 of this year. Below is its evolution over time.
March 10, 2000: At that time, the minimum wage went from S/ 345 to S/ 410. In the government of Alberto Fujimori, this measure was made official through Emergency Decree No. 012-2000.
September 15, 2003: It was established that the minimum remuneration increased from S/ 410 to S/ 460. Former president Alejandro Toledo made it official through Emergency Decree No. 22-2003.
January 1, 2006: Continuing with his management, Toledo ordered that the RMV be S / 500.
October 1, 2007: In the government of Alan García, Supreme Decree No. 022-2007-TR indicated that the minimum salary in Peru would be S/ 550, but that it would be given in two installments: S/ 30 more in October until reaching S/ 530, and only in January 2008 would it reach the sum of S/ 550.
December 1, 2010: Even in the García government, Supreme Decree No. 011-2010-TR provided that the increase in the Minimum Vital Remuneration would reach S/ 600 in two parts, the first of S/ 580 and a second in February 2011.
August 15, 2011: With former president Ollanta Humala, Supreme Decree No. 011-2011-TR was established to increase the RMV by S/ 75 and, as of October of that year, the minimum salary reached S/ 675.
June 1, 2012: A year after starting his mandate, Humala ruled, through Supreme Decree No. 007-2012-TR, that the RMV would be S/ 750.
March 30, 2016: In that year, the minimum wage was made official by Supreme Decree No. 005-2016-TR at S/ 850. The new amount came into force on May 1.
March 21, 2018: The same day that he resigned from the Presidency of the Republic, Pedro Pablo Kuckzynski signed Supreme Decree No. 004-2018-TR so that the minimum wage is S/ 930. This increase was reflected in the salary of Peruvians since April 1, 2018.
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