Key Points
- The minimum wage in Peru was raised to 1,025 soles per month on May 1, 2022
Overview
Beginning May 1, 2022, the government of Peru increased the minimum wage by around ten percent. The new minimum wage will be set to 1,025 Peruvian soles per month.
What are the Changes?
The government of Peru increased the minimum wage on May 1, 2022, from 930 to 1,025 soles per month. The minimum wage in the country had previously not been raised since 2018. According to the government, this decision benefits workers throughout the country and accounts for inflation.
Looking Ahead
Continue to check the government of Peru’s website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: Presidency of the Republic of Peru
