Minimum Wage – Venezuela

  • Valid on january 2020
  • The amounts are in Venezuelan Bolivar.

Per Month
National Minimum Wage
Minimum wage with effect from Jan 14, 2019
18,000.00

Definitions

Venezuela has a government-mandated minimum wage. No worker in Venezuela can be paid less then this mandatory minimum rate of pay.
Employers in Venezuela who fail to pay the Minimum Wage may be subject to punishment by the government of Venezuela.
In 2019 the Government of Venezuela increased the Statutory Minimum Wage three times. In January 2019, the minimum wage was increased to 18,000 bolivars per month. In September 2019, it increased to 40,000 bolivars per month, and in October to 150,000 bolivars. In 2018 the minimum wage was increased six times.

More information is available at


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