Minimum wage in Chile: when does it rise and what group of people will not benefit from the change in 2024

Minimum wage in Chile: when does it rise and what group of people will not benefit from the change in 2024
Minimum wage in Chile: when does it rise and what group of people will not benefit from the change in 2024

One of the points of the year that is of greatest interest to a good sector of workers is the date on which the minimum wage in Chile during 2024.

All after one law that was promulgated in May 2023 by the Government and which raised the gradual increase in salary after the corresponding approval in Congress.

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In detail, the final amount that was proposed was $500,000 and currently, more than a year after the aforementioned instance, There are only a few weeks left for the adjustment to become effective.

When will the minimum wage rise in Chile in 2024 and who will benefit?

According to the official schedule established by the authority, the Salary will rise again next Monday, July 1, 2024after the last modification last September.

According to the detail provided by the Labor Directorate through its website, the latter applies to workers between 18 and up to 65 years old, with a signed contract that is under the framework of the Labor Code.

Who will not have the minimum wage raised in July 2024?

The list of workers who will not see the previous change in their monthly remuneration includes:

  • Those who already have a minimum income of $500 thousand currently.
  • Those who have over 65 years of age and those under 18 years of age.
  • Those who have a informal employment or who are directly in conditions without an employment contract under the aforementioned Code.

#Chile

 
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