[ad_1]
According to Anefac (National Association of Directors of Finance, Administration and Accounting), the minimum wage experienced a real increase (excluding inflation) of 1.14% in 2019. It This was the first gain over the National Consumer Price Index (CPPI) after two years of decline.
Minimum wage in 2019: see value
The government readjusted the national minimum to 4.61% on January 1, from 954 to 998 rand. The INPC rose by 3.43%. in 2018.
In order to readjust the minimum, the government takes into account the change in the INPC from the previous year (2018) plus GDP growth (gross domestic product) in 2017, which was 1.1%.
According to the Dieese (Department of Statistics and Socio-Economic Studies), the minimum wage was lost in 2018.
Actual increases in the minimum wage
Gain against inflation measured in% in real terms of 0.25% and, in 2017, 0.1% against inflation, which represents a first decrease for more than ten years.
See what varied above the minimum wage (4.61%):
IGPM (rent adjustment): 7.53%
See what varied below the minimum wage (19659013) [19659009] Health care and personal care: 3.95%
Residence: 3.74%
IPCA (official inflation rate): 3.69%
] Retirement from above the minimum (INPC): 3.43%
Source link
