📋 Tender Overview
The increase would be gradual and was achieved thanks to the talks carried out by the Government with the workers represented by the CUT. Now the agreement will be debated in Parliament.Good news for Chilean workers was known today this because the Government reached an agreement that would advance the entry into force of the minimum wage of 500000 for next year so that if the measure materializes one of the commitments of the Government Program of President Gabriel Boric.In a negotiation that was led by the Minister of Finance Mario Marcel and the Minister of Labor Jeannette Jara together with workers represented by the board of the Central Unitaria de Trabajadores CUT headed by David Acua it was achieved establish a gradual increase in the minimum wage which would reach 500000 in July of next year.In this way the proposal which will be sent to Congress to be debated by parliamentarians establishes the following schedule to increase the minimum wage440000 as of May 1 2023460000 as of Sept. 1 2023500000 as of July 1 2024Along with the above in the event that the consumer price index accumulated during 2023 exceeds 6 a prior increase of 10000 will be made on January 1 2024 leaving the minimum wage at 470000 on that date.Likewise in any event an automatic readjustment of the minimum monthly income will be made on January 1 2025 according to the percentage of the consumer price index between the months of July and December 2024.DialogueMinister Jara valued the agreement reached with the CUT and pointed out that within the commitments of the Government Program of President Gabriel Boric it was established to move towards a minimum wage of 500000 within his term. And what has been done today is to anticipate the fulfillment of said commitment by one year. For what reason As we know we are living through a period of significant economic adjustment with high inflation rates workers having to directly bear the loss of purchasing power during this period.For his part Minister Marcel highlighted the desire for dialogue and the search for agreements during this negotiation process with the Central Unitaria de Trabajadores CUT This provision is something that we miss a lot in the country in many other actors with whom we interact and in this case the workers are setting an example. W hen that will exists the Government is also willing to make efforts such as those contained in this agreement.
