economy
May 2, 2026
Frozen salaries and devalued bonuses: Workers will continue to mobilize in the streets
Delcy Rodríguez announced this Thursday, April 30, an adjustment of the 'integral minimum income' to 240 dollars per month, without detailing what part corresponds to the base salary and how much to bonuses, thus maintaining the opacity of the remuneration scheme. Various reports agree that the increase is mainly based on bonuses, such as economic war and food bonuses, which means it has no impact on social benefits, vacations, and other labor benefits, despite being presented as a 'significant income improvement'.
TL;DR
- Venezuela announced an increase in the "integral minimum income" to $240 per month.
- The increase is mainly composed of bonuses, not base salary, and does not affect social benefits.
- The official minimum wage has been frozen at 130 bolivars since March 2022, equivalent to approximately $0.27 monthly.
- The cost of the basic family basket is $703.11 monthly, far exceeding workers' income.
- Thousands of workers protested nationwide on May 1st, rejecting the announcement as a "mockery" and demanding "dignified salaries."