Minimum Wage set to Increase 20% in Mexico in 2024 gringogazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gringogazette.com Daily Mail and Mail on Sunday newspapers.
Unions welcome adjusted rates for a proposed minimum wage iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
‘The current minimum wage is about R25.42 an hour. If the minister does agree to the CPI plus 3%, that should take it to about R27.50, so that s a significant improvement. But given the levels of inflation and the cost of living, you re still going to be in deep poverty,’ says Matthew Parks, parliamentary coordinator for Cosatu.
The majority of commissioners at the National Minimum Wage Commission have recommended that the national minimum wage for next year increase by Consumer Price Index (CPI) plus 3%.
The Council of Representatives of the National Minimum Wage Commission have unanimously agreed to a 20% increase in the general minimum wage, bringing it to 249 pesos per day by January 1, 2024. This decision was reached during the first minutes of December 1, coinciding with President Andrés Manuel López Obrador's fifth anniversary in office.