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The country’s businessmen have just raised their proposal to increase the minimum wage for 2021 to 2.7 percent and 5.5 percent in the transport subsidy, which indicates that each worker who earns that minimum will receive 1,010,000 pesos , including relief.
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Thus, this proposal leads to the workers receiving the minimum wage receiving income a base salary of 901,504 pesos and the transportation aid would be 108,496 pesos.
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It is good for all of us to give the country a message of encouragement, with an increase that compensates and also increases the purchasing power of the workers
“It is good for all of us to give the country a message of encouragement, with an increase that compensates and also increases the purchasing power of the workers. Our idea is to reach an agreement with representatives of workers, pensioners and the Government, to put in similar terms of increase, those that are generally agreed in the Collective Agreements at the company level “, indicated the businessmen of the country, after the meeting to present exceptions that was held when no agreement was reached at the table of agreement with the representatives of the workers.
After deliberations and consultations, the employers increased the proposal to increase the 2 to 2.7 percent in the minimum wage and an increase of 5.49 percent in transportation assistance.
According to the businessmen, the figure is higher than the inflation caused and meets the expectation of the Banco de la República in controlling the purchasing power of the currency in 2021. Thus, workers would see an increase in real terms.
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By: Economy and Business