Chile: minimum wage rises further from 1 July

An article by Nathalie Tran

Publication

1 July 2024 à 12h17

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1 minute

Publication: 1 July 2024 à 12h17

Reading time: 1 minute

An article by Nathalie Tran

Publication

1 July 2024 à 12h17

Reading time

1 minute

Publication: 1 July 2024 à 12h17

Reading time: 1 minute

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The minimum wage in Chile will rise from 460,000 to 500,000 pesos gross per month from today (from €533 to €580), as provided for in the law of 29 May 2023, representing an increase of 8.7%. The text set out an increase of almost 22% to be applied in stages “to limit the effect on the economy, employment and SMEs”, said Jeanette Jara, minister for labour and social security. The minimum wage thus rose from 410,000 pesos (€475) to 440,000 pesos (€510) in May last year, then to 460,000 pesos...

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Nathalie Tran Editor-in-Chief Mind HR

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