[REVISION HISTORY]
Peru minimum wage hike and bonus policy
Updated 1 time since CLSTR started tracking revisions of this situation.
What changed
2026-07-30 00:31 UTC → 2026-07-30 23:33 UTC ·
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removed
In early July, Peruvian authorities outlined the rules for a holiday bonus tied to the July Fiestas Patrias celebrations, noting that prompting workers were planning how to allocate plan the use of the extra funds. Later in the that month, President Keiko Fujimori announced a formal statutory increase to of the minimum wage, raising it wage from S/1,130 to S/1,300 – roughly a roughly 15 % rise. The announcement also introduced rise – and a one‑off compensatory bonus for micro‑ and small enterprises (MYPEs) intended to help them absorb the higher labor labour costs and to encourage formal employment. No specific implementation date or bonus amount was disclosed. On 28 July 2026, during her inaugural Mensaje a la Nación after being sworn in for the 2026‑2031 term, Fujimori reiterated the same 15 % increase and the MYPE bonus, positioning the measures within a broader economic agenda that also includes a doubling of the Pensión 65 benefit for the elderly in extreme poverty. The announcement follows a prior rise to S/1,130 set by former President Dina Boluarte in December 2024. Together, the two updates show trace a shift progression from preliminary holiday‑bonus guidance on holiday bonuses to a broader economic comprehensive wage‑increase package that includes a statutory wage increase and a paired with targeted support measure for small businesses. businesses, underscoring the government's focus on labour costs and social protection.
Versions
- 2026-07-30 23:33 UTC Peru minimum wage hike and bonus policy
- 2026-07-30 00:31 UTC Peru minimum wage hike and bonus policy
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