In Argentina What is the Minimum Wage?

In Argentina, the minimum wage is 1,500 pesos, approximately U.S. $ 389. The salary increases every six months due to the high inflation that affects the country. At the end of last year, the minimum wage was 1440and at the beginning of 2009, 1240 pesos.

There are 300 thousand workers that receive the minimum wage. This group does not include those working in rural activities and in domestic service because they have another mechanism .

In Argentina what is the minimum wage? It is 1500 pesos. The minimum wage in Argentina is called minimum, vital and mobile salary. Minimum because it is the lowest compensation in cash that the employee without family responsibilities receives for his workday. Vital because it must allow the worker to satisfy his basic needs of food, housing, education, transportation, clothing, health care, leisure, vacation and pension coverage. And mobile because it must be adjusted according to changes in the cost of living.

The minimum wage is a right that is expressed in the National Constitution of Argentina.

In Argentina the minimum wage is fixed by the Executive power and agreed by the Wage Board, which consists of employers, unions and politicians.

In Argentina what is the minimum wage? While the minimum wage in Argentina is high compared to other South American countries like Bolivia, is barely enough to acquire the assets of the family basket (basket of goods and minimal services for the life of a household). Nowadays, the basket costs 1131 pesos.

Workers in Argentina (who are 14,981,000 among workers, employees, professionals, self-employed or employers) earn an average of $ 1,869 per month.

The struggles to raise the minimum wage in Argentina are a constant. The unions negotiate with the government in March and renegotiate in mid-year. Argentina is one of the countries with higher inflation in Latin America.