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Since it has not yet been established in a standard that allows for an institutional policy to fix the minimum wage (and avoid its fluctuation due to political situations), the goal is to have a norm approved through a supreme decree by the end of the year to determine the salary, Fernando Cuadros, Deputy Minister of Employment Promotion and Labor Training (MTPE), told Gestión.
The objective is to obtain increases based on economic and technical objectives every two years and on certain procedures. “For example, that on a determined date the information is submitted to the CNT for it to be reviewed by the Productivity Commission, with a deadline to approve the increase so that later the MTPE elevates it for the Executive for final approval”, said Cuadros.
https://www.livinginperu.com/minimum-wage-increase-930-soles-approved/