Venezuelanalysis

📰 NEWS | Venezuelan Gov’t Maintains Frozen Minimum Wage, Hikes Bonuses on May Day Venezuela’s government announced an increase in the “integral minimum income” for public sector workers to $240 per month, achieved through higher bonuses rather than a rise in the base minimum wage, which remains frozen at 130 bolívares (~$0.27). The adjustment includes a $200 monthly “economic war bonus” and a $40 food subsidy. Meanwhile, Labor Minister Carlos Castillo confirmed that discussions are ongoing with trade unions and business associations over potential labor law reforms. The measures have sparked protests from unions, which argue that bonus-based income policies weaken wages and labor rights. Read the full report here 👉https://venezuelanalysis.com/news/venezuelan-govt-maintains-frozen-minimum-wage-hikes-bonuses-on-may-day/ #LaborLaw#May1#Wages