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Dominican Republic: Employers say wage increase compensates for inflation

The National Council of Private Enterprise (CONEP) welcomed the non-sectorized minimum wage adjustment, the result of a dialogue between the government sector, the employer sector, and workers’ representatives while stressing the business sector’s commitment to the development stability of the country.

Today, after a meeting of the National Wages Committee with the presence of its member sectors, the wage adjustment for the non-sectorized minimum wage was announced.

“With much sacrifice, the adjustment announced today compensates for the effects of inflation for 3 years and significantly exceeds the inflation accumulated since the last revision,” emphasized conep president Pedro Brache.

The President of conep expressed himself in these terms amid the adjustment at a press conference held at the Labor Ministry.

“I want to vindicate the role of the employer sector. We act responsibly and according to the circumstances. We have gone, perhaps beyond what is possible, but we have done what was necessary under the current circumstances,” said Pedro Brache.

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