ILO urges Delcy Rodríguez to set minimum wage through social consensus after years without adjustments
The International Labour Organization (ILO) urged the administration of Delcy Rodríguez to set the minimum wage in Venezuela in accordance with previously agreed-upon methods between workers and employers, amid the country's persistent wage crisis. According to a recent statement from the organization, the Venezuelan government must move forward in determining the minimum wage by following mechanisms agreed upon within the framework of social dialogue.
TL;DR
- The ILO urged Venezuela's administration to set the minimum wage using consensual methods agreed upon by workers and employers.
- The current minimum wage in Venezuela has not been adjusted since 2022, indicating a prolonged stagnation in wage policies.
- The ILO will offer technical assistance during a social dialogue forum in Geneva in April to facilitate agreements.
- The organization expressed concern over the lack of progress in implementing recommendations from 2019 regarding wages, union freedom, social dialogue, and labor rights.
- Venezuela is experiencing a deterioration of purchasing power, with the minimum wage being less than one dollar monthly.