President Nicolás Maduro announced on January 15, 2024 the indexed salary increase starting in February. For this reason, thousands of Venezuelans in the public and private sectors continue their fight to demand a salary adjustment in line with inflation prevailing in the lowlands. Will it be possible? We'll tell you below.
YOU CAN SEE: Economic War Bond TODAY, February 8, 2024: NEW AMOUNTS, payment dates and LATEST NEWS
What is known about the salary increase in Venezuela 2024?
As mentioned above, the president of the Caribbean country announced that the minimum income for Venezuelan workers will be $100 starting February 1, but he did not provide any further details Salary increase. As is well known, according to BCV, the current minimum wage is still 130 bolívars per month, which is equivalent to $3.60.
Nicolás Maduro revealed the increase in the minimum income, which was reserved only for a certain group of workers; during the meal voucher, better known as Cesta ticket, which employees can use to purchase groceries, remains at $40. This was seen as a “first move” by the regime. In doing so, he indicated the possibility that there would be a salary adjustment in Venezuela later in 2024.
What increases has Nicolás Maduro announced in Venezuela in 2024?
One of the increases announced by the Venezuelan government was that of War bonus. In this regard, he assured that from February the value will be $60 and will be specifically intended for workers earning $100.
“I have decided to take the step of raising the minimum indexed total employee income from $60 to $100, the minimum total employee income from February 1,” he explained. Nicolas Maduro in his message to the nation.
Following Nicolás Maduro's announcement, Venezuelan teachers marched in search of salary improvements. Photo: LR-Komposition/María José Vargas
YOU CAN SEE: War bonus for pensioners in February 2024: DATE, NEW AMOUNT and how to collect it through Patria
How much do MPPE teachers make in Venezuela?
The teachers of theMinistry of People Power for Education (MPPE)fromVenezuelaTheir salary varies depending on their academic qualifications and the functions they perform. The amounts are paid out in installments of two weeks per month as follows:
- Bachelor:Public employees who do not yet have a professional qualification receive 130 to 197 bolívars. Depending on the region, your bonus can vary between 520 and 788 Bolívars.
- Technician: Workers with a Higher University Technician (TSU) degree earn 218 bolívars and Technician II earn 254. The base bonus for a TSU is 872 bolívars and for the second one is 1,016 bolívars.
- Experts:According to the salary scale, professionals have a base salary of 296 bolívars, which can go up to 379 at rank III; That means their bonus varies between 1,184 and 1,516 bolívars.
YOU CAN SEE: Banco de Venezuela 2024: How to get a $300 credit card?
The Republic NOW on WhatsApp and Telegram
Are you interested in keeping up to date with the latest news from Venezuela?We invite you to subscribe to our channel at https://whatsapp.com/channel/0029Va92qzh7tkj8EQ6izf0H. You can also find us on Telegram as La República VE. Join via the following link: https://t.me/larepublicave.