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Minimum Wage in Ecuador 2026: These Are the Proposals of Employers and Workers
Summary by Bloomberg Linea
2 Articles
2 Articles
The second meeting to conclude the increase of the Unified Basic Salary (SBU) in Ecuador by 2026 ended without agreements between the representatives of the business and the workers. The president of the Chamber of Industrial and Production (CIP) of Ecuador, María-Paz Jervis, reported that the entrepreneur put on the table an increase of US$8, based on the economic data presented during the first meeting by the Central Bank of Ecuador (BCE), the…
The National Council of Labour and Wages set up its negotiating table, but the proposals of both sectors were far from a common point. The Ministry of Labour decided on the final amount if consensus was not reached.
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