Asdrúbal Oliveros expects a "timid adjustment" of the minimum wage and an "important adjustment" of bonuses on May 1
Asdrúbal Oliveros ruled out that the salary increase, which is scheduled to be announced this May 1st, will be sufficient; however, he hopes it will be the starting point for recovering workers' income. LAST HOUR | Asdrúbal Oliveros rules out a significant and sufficient salary increase this May 1st "In this [...]
TL;DR
- Economist Asdrúbal Oliveros anticipates a modest minimum wage increase and a significant bonus adjustment on May 1st.
- He believes substantial reforms to labor law are necessary for a balance between the state, employers, and workers.
- The expected salary and bonus adjustments will likely improve purchasing power slightly but will not reach the level of the food basket.
- Oliveros ruled out that these adjustments will generate inflationary pressure, citing efforts in exchange rate management that are helping to decelerate inflation.
- He noted that salary recovery is a structural process that will take years to achieve a healthy system.