Peruvian government increases minimum wage for over 1.2 million workers

The government of President Keiko Fujimori increased the minimum wage for more than 1.2 million private sector workers in Peru during its first 100 days in office.

The Ministry of Labor and Employment Promotion implemented these changes through a dialogue between the government, workers, and employers. The first stage of the wage increase added 100 soles to the minimum remuneration, raising it from 1,130 soles to 1,230 soles starting on October 1.

The government is currently deciding when to apply a second increase of 70 soles, which would bring the minimum wage to 1,300 soles. Minister of Labor Juan Sheput stated that officials are evaluating how the El Niño weather phenomenon might impact companies and employment before setting the final date. Additionally, the government approved the first update to the salary scale for the National Superintendency of Labor Inspection (Sunafil) in 13 years.

This update will benefit about 900 workers and begins on December 1. The ministry says it aims to use these improvements to help Sunafil regain its power to inspect micro and small businesses to better protect worker rights.