New minimum salary to enter into force in Paraguay

Employment Minister Guillermo Sosa announced on 28 November 2016 that the minimum monthly wage in Paraguay had been increased from US$313 to US$337. Additionally, wages for domestic workers were raised from US$188 to US$203 per month. The changes come as part of the implementation of new labor legislation approved by President Cartes in early November 2016. It is calculated that the increase in minimum wages will affect close to 380,000 Paraguayan workers who currently earn the minimum wage (Última Hora). The change is retroactive, meaning that the companies that have already paid their employees their November paychecks will have to pay them an additional sum in December to make up for the difference (ABC Color).