Mar 19, 2024 7:51:26 PM
1 min. read
#DominicanRepublic 🇩🇴 #BDS_LaborAlert: Salary Increase and Adjustments for the Private Sector
In 2023, the National Salary Committee (NSC) established a 19% salary increase for the non-sectorized private sector through Resolution 01-2023. This increase came into effect on April 1st of 2023, and was divided into two parts: an initial 15% and an additional 4%,which became effective from February 1st, 2024.
Employees of medium-sized companies earning 22,138 Dominican pesos will see their salary increase to 22,908 Dominican pesos, completing the 19% increment.
As for small companies paying a salary of 14,835 Dominican pesos, they will need to adjust their employees' salaries to 15,351 Dominican pesos in February 2024, in accordance with the approved 19%.
Employees of micro-enterprises, currently receiving a salary of 13,685 Dominican pesos, will see an increase to 14,161 Dominican pesos because of the indicated 19% raise.