Free-Market Milei to Seek Unions’ Help for One-Million-Peso Wage Floor?
32 Articles
32 Articles
Government Promotes Guaranteed Minimum Wage of Over $1 Million in Joint Negotiations · Global Voices
The Ministry of Labour points out that the renegotiation of collective agreements provides for guaranteed minimum remuneration.
There was no agreement to establish the new minimum wage and it must now be established by the national government.
From the unionism they considered that the number offered was “irrisory” and anticipate meetings with leaders of the sector to evaluate “the next steps”.
The CGT claimed to bring the Minimum Vital and Mobile Wage to $911,000, while the business sector proposed $400,000. In the absence of consensus, the definition will remain in the hands of the Executive. The meeting of the Council of the Salary ended this Friday without agreement between trade unions and business representatives to define the new amount of the Minimum Vital and Mobile Wage (SMVM). In the absence of consensus, the national govern…
The minimum wage is currently $376,600 per month for workers who complete a full working day. A possible upgrade of the salary floor is discussed this Friday, in a context marked by the loss of purchasing power against inflation. The current amount was established from the scale of increases defined at the end of 2025. Now, representatives of the government, workers and employers analyze what the next value of the Minimum, Vital and Mobile Wage …
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
