Transportation subsidy for 2020 will be $102,854, an increase of 6%, the same percentage increase of the minimum wage.

Published: December 28, 2019
Transportation subsidy for 2020 will be $102,854, an increase of 6%, the same percentage increase of the minimum wage.

The transportation subsidy will also have a 6% increase and will be $102,853. Based on the above, the legal minimum wage for next year will be $980,657 (including the transportation subsidy).

The National Government decided to increase by decree by 6% the minimum wage and the transportation subsidy for 2020, after negotiations between employers and unions failed to reach an agreement.

Thus, the minimum wage was set at $877,803; while the transportation allowance will increase to $102,854, for a total of $980,657.