INCREASE OF THE BASIC SALARY AND THE MINIMUM NATIONAL WAGE      
News

Esp / Ing

ON MAY 1, 2019, THE NATIONAL GOVERNMENT OF BOLIVIA ISSUED SUPREME DECREE N° 3888, THROUGH WHICH A MANDATORY WAGE INCREASE IS REQUIRED FOR YEAR 2019.

During the Labor Day events that took place on May 1, 2019 in Cochabamba, Supreme Decree N° 3888 was approved, which authorizes the increase of three percent (3%) of the basic salary and four percent (4%) of the National Minimum Wage (SMN).

With this regulation, the National Minimum Wage amounts to Bs. 2,122.00.- (Two Thousand One Hundred Twenty-Two 00/100 Bolivianos).

Likewise, this wage increase must be applied retroactively to January 1, 2019, and must be paid until May 31 of this year.

Supreme Decree No. 3888 did not repeal Supreme Decree N° 3546 of May 1, 2018, so the fixed amount established for family subsidies remains in effect; therefore, prenatal, birth, maternity, lactation and burial subsidies are kept in the amount of Bs. 2,000.00.- (Two Thousand 00/100 Bolivianos).

Lastly, this regulation must still be regulated by the Ministry of Labor, Employment and Social Security through Resolutions, which must be issued in the coming days. Obviously, the breach of this decree constitutes a social-labor infraction.