The Government Says the Minimum Wage for Large Companies Covers the Cost of the Basic Basket.

For the first time since registration, the Ministry of Labour revealed that the minimum wage of large companies allows to fully cover the cost of the basic basket of the most vulnerable segment of the population. (Continue reading...) The entry Dizque the minimum wage of large companies already covers the basic basket in RD was first published in Remolacha - News Dominican Republic.

Santo Domingo. – For the first time since registration, the Ministry of Labour revealed that the minimum wage of large companies allows to fully cover the cost of the basic basket of the most vulnerable segment of the population. In August 2020, that salary was barely enough to cover 83.2% of the basket. Today, with the most recent increases approved by the National Committee of Wages, 100.1% coverage is reached, marking a milestone in the wage …

The government announced this Friday that the minimum wage for large companies fully covers the cost of the basic food basket for the most vulnerable segment of the population. According to data provided by the Ministry of Labor in a press release, in August 2020, this wage was barely enough to buy 83.2% of the basket. "Today, with the recent increases approved by the National Salary Committee, 100.1% coverage has been achieved," it stated. The …