By means of Supreme Decree No. 4711 of May 1, 2002, the salary increase for the year 2022 is established as follows:
- Salary increase of three percent (3%) in the Health and Fiscal Teaching Sectors of the public sector.
- Private Sector: agreed on the basis of three percent (3%) for all types of work contracts.
- New National Minimum Wage: Bs2,250.- (Two Thousand Two Hundred Fifty 00/100 Bolivianos).
- Retroactive application as of January 1, 2022, effective until May 31, 2022.
On the other hand, Ministerial Resolution No. 544/22 dated May 17, 2022, regulates the 2022 salary increase for the private sector, as follows:
- Negotiation basis: 3% over the basic remuneration received in the current management (2022).
- Formalization through Collective Agreement of Salary Increase to be presented until July 29, 2022 (private mining companies) and until June 30, 2022 (the rest) through the Virtual Office of Procedures, attaching a Sworn Statement of Salary Increase Form and retroactive Salary Increase Form.
- Increase is not mandatory for: positions of presidents, vice presidents, members of the board of directors, managers, assistant managers, general managers, directors or assistant executive directors who have a salary level commensurate with the assigned position.
- Salary increase granted in the current administration of less than 3%, must be leveled.
- Non-compliance with the presentation of the Collective Bargaining Agreement for Salary Increase penalized with fines.
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