The representatives of the National Wage Council reported that after analyzing the proposals presented, the minimum wage adjustment was unanimously approved on October 24th.

Crhoy.com reports that "... The established amount will apply from January 1st, with a validity of one year and its application will be mandatory for all minimum wages established by the decree. The private sector encompasses around 80% of the working people in our country."

The article adds that "... Bosses are only required to make the increase if they pay the minimum wage. Those who are above the set amount may not make the increase."

Source: Crhoy.com

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