2004News

Wage increase starts 28 November

The director general of wages, Gloria Henriquez Nova, said that the wage increase for private sector employees will go into effect on 28 November. She said that employers need to calculate the last two days of November at the 30% increase (for minimum wage earners) or the 25% increase (for those previously earning up to RD$20,000). These increases are warranted only in the cases of those companies that had not already raised their employees’ wages. The legal monthly minimum wage for companies with capital of up to RD$6.4 million is now RD$6,400, for companies with capital of up to RD$4 million it is RD$4,400, and for companies with capital of up to RD$2 million it is RD$3,900. Different scales apply to free zone, tourism and construction workers.