By the end of the year, Argentinean workers' minimum wage will amount to almost €270, the highest in Latin America. This increase was negotiated between unions, industry leaders and the government to compensate the high inflation rate in the country. (Ref. 080628)
Under the leadership of the Ministry of Labor, 16 staff representatives and corporate managers agreed, on Tuesday, to increase minimum wage by 27 percent. This increase will be gradual: it will go up from 980 pesos (€210) to 1.200 pesos (€258); it will then reach 1.240b pesos (€266) in December. This increase will benefit to over 300.000 people employed in the private sector. However, in Argentina, over two million workers get paid less than monthly minimum wage. Indeed, domestic staff and farm
…Do you have information to share with us?