Argentina to Rise Minimum Salary
Buenos Aires - The employer
representatives, trade union organizations
and that from the government agreed to rise
minimum salary to 1,500 pesos (about 400
dollars), benefiting about 300,000 workers.
According to the document signed by three
members of the Minimum Salary National
Council the measure will be implemented step
by step, with 1,400 pesos (about 370 dollars
on August 1st, 1,440 (378 dollars) on
October 1st and 1,500 on January 1st, 2010.
The information emphasized the 21 percent
increase that was signed Tuesday night at
the Labor Ministry with the presence of
President Cristina Fernandez who considered
the negotiations hard.
The leader highlighted the importance of
this step in the current moment saying that
when the institutions work in times of
prosperity is normal but to do it in times
of international crisis reveals the real
strength.
At this moment the minimum salary is of
1,240 pesos (326 dollars) which is the
result of an agreement of the Council
previously mentioned, on December 2008.
|
|
|
|
|
| |
|
|
|
|
|
