The Government Officialized the New Minimum Wage: It Will Be $317,800 Since July - Diario Panorama
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The national government officialized a new increase in the Minimum Vital and Mobile Wage (SMVM), which will become $317,800 as of July 1. The rise, although slight compared to the $313,400 in June, was established by resolution after the failure of the agreement in the Salary Council. The measure impacts registered workers with low incomes and on the calculation of several social programs. Resolution 5/2025 published in the Official Gazette also…
The national government formalized the increase in the Minimum, Vital and Mobile Wage (SMVM), establishing a new value of $317,800 as of July 1. This decision, published in Resolution 5/2025 of the Official Gazette, was part of a schedule of progressive increases initiated earlier, in a context in which no agreement was reached in the Salary Council between the business, trade union and executive actors. The current regulation established a step…
The national government formalized the increase in the Minimum, Vital and Mobile Wage (SMVM), establishing a new value of $317,800 as of July 1. This decision, published in Resolution 5/2025 of the Official Gazette, was part of a schedule of progressive increases initiated earlier, in a context in which no agreement was reached in the Salary Council between the business, trade union and executive actors. The current regulation established a step…
Dominican Republic.–The minimum wage for large companies in the Non-Sectoral Private Sector (SPNS) of the Dominican Republic covers about 60% of the value of the national average family basket (CPPN) and 100% of the value of the family basket of lower-income households (fifth 1), whose value in March 2025 was estimated at RD$27,944 per month.(Continue reading...) The entry Household salary does not cover the basics in RD was first published in R…
After the lack of agreement between employers and guilds in the Salary Council, the national government decided to update by decree the Minimum, Vital and Mobile Wage (SMVM), which will become $317,800 per month as of July 1. The decision was officialized this Wednesday through Resolution 5/2025 of the Ministry of Human Capital, published in the Official Gazette. The value was also set for day-to-day workers, who will charge $1,589 per hour. Thi…
The national government officialized a new section of staggered increases. The SMVM will reach $322,000 in August. They warn that it is still far from covering the basic basket. The national government officialized a new update of the Minimum, Vital and Mobile Wage (SMVM), which will become $317,800 as of July 1, as set out in Resolution 5/2025 published in the Official Gazette. The measure is part of a scheme of progressive increases initiated …
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