On March 18th, the Labor Ministry -by Ministerial Agreement MDT-2021-087- set the living wage for 2020 on US$447,41 monthly and stablished the payment procedure.
On those cases, that living wage compensation is applicable, employer shall pay it to employees no later than March 31st, 2021.
For living wage payment, “profit” shall be understood as the value declared by the employer as accounting profit deducting: (i) employees profit sharing, (ii) tax or advance payment fixed for the fiscal year declared, and (iii) statutory reserve.
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