The national government formalized today the rise in the minimum, vital and mobile wage, which raises the amount of the salary floor to $105,500. From when will it be charged.
On July 13, the Council for Employment, Productivity and the Minimum, Vital and Mobile Wage had agreed by majority to increase that income by 34%
The national government formalized today the rise of the Minimum salary, vital and movil, which raises the amount of the assets floor to 105,500 pesos as of July 1, through the publication in the Official bulletin of resolution 10/23 of the Ministry of Labor.
The text of the resolution indicates that the minimum wage will be $105,500 as of July 1, 2023 for “all monthly workers who complete the full legal work day, in accordance with article 116 of the Labor Contract Regime”, while sets the amount of $527.50 per hour “for the daily workers“.
These amounts rise to $112,500 pesos for the minimum wage from the month of August, while the value per hour for daily workers rises to $562.50 pesos.
Meanwhile, since September 1 of this year, the minimum salary it rises to 118,000 pesos for monthly workers, and the hour for daily workers is set at $590 pesos.
In relation to the amounts for the unemployment benefit, the minimum amount will be 29,305 pesos and the maximum amount of 48,841.60 pesos from July 1.
The minimum for unemployment benefit rises to $31,294.40 and the maximum to $52,082.30 as of August 1, 2023.
While these same values, minimum and maximum for unemployment benefits reach $32,771.10 and $54,628.50, respectively, as of September 1, 2023. The resolution bears the signature of the Minister of Labor, Raquel “Kelly” Olmos.
Last July 13, the Employment Council, Productivity and the Minimum salary, vital and movil The majority had agreed to an increase in that income of 34% in three tranches, which was highlighted and described as “very important” by Olmos.
How it impacts on social plans and retirees ANSES
- ANSES retirees: affects ANSES retirees who accessed the pension system with more than 30 years of contribution, this group may add to their monthly income the difference between the current minimum wage and 80% of the minimum wage, as long as the result gives a lower figure.
- Enhance Work: In the case of this program, which depends on the Ministry of Social Development, its amounts are updated with the same percentages as the minimum wage. The program involves a part-time workload (four hours) in jobs in different areas, and receives an amount equal to 50% of the minimum wage. Currently, Potenciar Trabajo grants 43,993 pesos. After the first update in July in the formal remuneration floor, the amount to be received by the beneficiaries would drop to just under $52,750 and will continue to adjust with successive increases.
- Progress Scholarships: in this case the impact is indirect. For this salary aid aimed at university students, the minimum vital and mobile salary works as a ceiling for the delivery of the study scholarship. The beneficiary, under 24 years of age, collects it if her family earns less than three minimum wages. From now on, this cap moves in relation to the monthly increases that the SMVM will have between September, during the signed tranches.
Source: Ambito
