The National Wages Board-hereinafter CNS for its acronym in spanish- approved an increase in minimum wages for private sector employees. The increase is 0.30% for all categories of the decree of Minimum Wages and a 2.33%. for domestic employees.

The increase in minimum wages will be effective as of January 1, 2021 and will be mandatory.

Likewise, in the interest of seeking improvements for the employees, the CNS agreed to conduct a review of the socioeconomic conditions, with the objective of increasing or not, the approved amount no later than April 2021.