Overview
- The decree signed by President Keiko Fujimori on Monday launches a two‑stage increase that raises the Remuneración Mínima Vital from S/1,130 to S/1,230 starting October 1, 2026.
- Micro and small firms with 2–10 employees will receive a one‑time S/100 payment per worker in October, a support the government estimates will reach about 144,000 firms and 300,000 workers.
- A second S/70 tranche to bring the minimum wage to S/1,300 is slated for the first half of 2027 but requires a new supreme decree and will be applied only after El Niño conditions ease.
- Ministers say the phased approach followed technical studies and agreement at the National Council of Labor and Employment Promotion to protect purchasing power while limiting inflationary and employment shocks.
- Officials note the bonus will let firms absorb the first tranche so worker pay reflects the rise from November, and the gradual plan responds to high informality and current inflationary pressures.