Paraguay Adjusts Minimum Wage, Boosting Child Bonus

Paraguay's minimum wage has seen a 5% increase, a move that impacts various financial aspects for workers, including a revised child bonus. The adjustment, decreed by President Santiago Peña on June 18, raises the monthly minimum wage for unspecified activities to G. 3,044,000 and the daily minimum wage to G. 117,077, effective from July 1.

This recalibration of the minimum wage directly influences several other regulated amounts, such as fines and bonuses. Among these is the significant child bonus, which companies are obligated to pay to their employees for each eligible child.

The Ministry of Labor, Employment, and Social Security (MTESS) confirmed that the child bonus now stands at G. 152,200 per child. This benefit is designated for workers with children under 17 years of age, or without age limit in cases of disability.

To be eligible for this family allowance, which represents 5% of the minimum wage per child, workers must formally notify their employer in writing about the dependents and provide the corresponding birth certificates. The MTESS also provided a WhatsApp contact for inquiries or complaints.