Minimum salary in Chile: What is known about a new adjustment? - La Tercera

A further increase in the minimum wage could soon be recorded, in the face of a readjustment to be processed by May 2025.This is established in Law 21,578, which details the changes to be made to the basic salary, since it increased two years ago.It was in 2023 that the previous increases in the amount were processed, which gradually reached the current figure of $510,636.Next adjustment of the minimum salaryAccording to the law that resets the …

In 2024, two increases were made to the minimum wage of Chilean workers. In the near future, there will be a new increase in the minimum wage that should be processed during next May. Moreover, in 2023 the most recent increases in the amount were made and gradually reached the figure of $510,636. When will the minimum wage be raised again in Chile? The legislation in force, specifically Law 21,578, states that during May 2025, the second increas…

During 2024, two increases were already applied to the minimum wage of workers in Chile, within the framework of the agreement reached in May 2023 between the government and the labor unions. In addition, due to the increase of the CPI recorded between July and December last year, the minimum wage had an automatic increase at the beginning of this year, going from $500,000 to $510,636. But that is not all: a new increase is scheduled for the com…