Banrep co-director's criticism of the increase in the minimum of 10.07%

Salario mínimo

The minimum salary for 2022 is one million pesos.

Private file

BY:

January 22, 2022 – 08 :45 pm m.

2022-01-22

2022-01-22

Roberto Steiner, co-director of the Banco de la República, said that the 10.07% increase in the minimum wage, which raised the figure to one million pesos, will not facilitate the recovery of the working market.

(See: Mipymes, attentive to extension in the subsidy to the payroll).

The recent decisions on labor matters made by the Government and which may have a political justification are not going to facilitate the recovery of the labor market. That is a pity”, assured Steiner, in a personal capacity, in a webinar organized by Itaú.

The co-director stressed that the labor market has been recovering along with economic activity. However, stressed that, if you look at the seasonally adjusted figures, the pace has slowed down and the rate remains high.

(See: Keys to settle the salary increase and interest on severance pay

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