Go to article

TSS: Wages for most are low in DR

D

Dolores

Administrator
Staff member
Feb 20, 2019
17,042
2,699
93
Trabajadores-sector-servicio-Listin-Diario-1024x667.png


The Dominican Social Security Treasury (TSS) bulletin confirms the low wages that most Dominicans employed in formal businesses make, as reported in Listin Diario. Of the 2,404,218 formal workers currently registered with the TSS, only 17.04% earn between RD$30,000 and RD$50,000 (approximately $500 to $833 US dollars). A staggering 49.36% of workers earn less than RD$30,000, with 16.8% earning between RD$5,000 and RD$15,000.

The data indicates that the distribution of workers registered with the TSS across the country is skewed towards urban areas, with 52.01% residing in the National District, 14.20% in Santo Domingo, 11.26% in Santiago de los Caballeros, and 4.41% in La Altagracia (Punta Cana).

The services sector dominates the formal employment landscape, accounting for 82.08% of all formal workers. Within this sector, public administration, commerce, and...
Click to expand...

Continue reading...
 
Last edited by a moderator:
  • Sad
Reactions: NanSanPedro
L

LindseyKaufman

Silver
Aug 21, 2007
3,274
2,350
113
Interesting information. I have some employees who are registered, but because they work only part time teaching one or two classes, they earn less than the minimum wage. However, due to the TSS tax structure, I must pay TSS for them based not on the wages they earn, but a full time minimum wage.
 
bob saunders

bob saunders

Platinum
Jan 1, 2002
33,231
6,641
113
dr1.com
Many employers pay their employees on paper a certain amount, but they take home more. The TSS will not reflex this. Public school teachers make $ 50,000 pesos plus per month. Many of those registered with TSS are not working fulltime, for example we have 6 teachers that only work mornings, and their wages reflex that. Most still make more than the minimum wages.
 
  • Like
Reactions: LindseyKaufman
NALs

NALs

Economist by Profession
Jan 20, 2003
14,101
3,505
113
bob saunders said:
Many employers pay their employees on paper a certain amount, but they take home more. The TSS will not reflex this. Public school teachers make $ 50,000 pesos plus per month. Many of those registered with TSS are not working fulltime, for example we have 6 teachers that only work mornings, and their wages reflex that. Most still make more than the minimum wages.
Click to expand...
Many also do that when selling real estate. The value of the sale reported to the government is less than the actual value. Government taxes are on the value reported to them.
 
You must log in or register to reply here.
Top Bottom
Go to article