Statutory Minimum Wage

Published date04 January 2023
Subject MatterEmployment and HR, Employee Benefits & Compensation
Law FirmCorralRosales
AuthorMr Edmundo Ramos

The Ministry of Labor, through Ministerial Agreement MDT-2021-277 published in the supplement to Official Register 203 of December 6, 2022, established that:

1. Since January 1st, 2023, the statutory minimum wage of the employee ('SMW') is set at four hundred and fifty dollars of the United States of America (US$450.00); including the salary of small industry employees, agricultural employees, household employees, maquila employees, microenterprise collaborators and...

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