
On Monday 25
Employers are demanding a reclassification of business prior to any increase and the approval of different minimum wage conditions for small business.
In 2007, the Ministry of Labor showed that the highest minimum salary in the Dominican Republic was RD$7,360; by 2017 it was RD$15,447.60, which is over double.
However, the average cost of the consumer basket of goods has also increased and studies show the minimum wage does not cover this.
According to data from the Central Bank, in 2011, the average cost of the consumer basket of goods was RD$25,214.30; by February 2019 it was RD$30,394.75.
Over the years, minimum salaries have increased by 14% to 20% every two years.
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Diario Libre
26 March 2019