Dominican Republic Increases Minimum Wages

The Dominican Republic increased its monthly minimum wage for private sector workers, according to a resolution (Spanish) approved by the country’s Comité Nacional de Salarios, the three-member body responsible for setting the national minimum wage.

The CNS used a new reclassification system for companies when setting the monthly minimum wage. Employers in the Dominican Republic now pay different monthly minimum wages based on their number of employees and their annual gross sales, and are categorized as micro, small, medium, or large.

If a company has the number of employees of one classification but the annual gross sales of another classification, ...