Chile Revises Minimum Wage starting July 2017 - July 3, 2017

As part of the 4 stage increase in Chile's minimum wage rate, the new rate now stands at 270,000 pesos. The new wage rate will be effective from July 1, 2017 to December 31, 2017.

From January 1, 2018 the rates will be revised to 276,000 pesos which is the final phase of 4 stage revision.