Work conditions in Peru

The Active Population in Figures

Working Conditions

Legal Weekly Duration

48 hours

Retirement Age

65.

Working Contracts

Employment contracts are regulated by legal clauses and to a lesser degree by collective agreements and individual negotiations.
The terms of employment contracts, the conditions for hiring and the limits for dismissal are very flexible.

Labour Laws

Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.

Cost of Labour

Minimum Wage

The minimum wage is PEN 930 per month in 2021, according to data from the Peruvian State.

Average Wage

In 2019, the monthly average wage was PEN 1,443.1 according to the National Institute of Statistics and Informatics of Peru (lastest available data).

Social Contributions

Social Security Contributions Paid By Employers: 9% for health insurance (ESSALUD).
Social Security Contributions Paid By Employees: 13% of salaries for the pension plan.

Social Partners

Employer Associations

SNI - National Society of Industries
CONFIEP - National Confederation of Private Business Institutions

Social Dialogue and Involvement of Social Partners

The Peru - Solidarity Center (General Confederation of the workers of Peru) is the main actor.

Labour Unions

Peru's Unified Union of Education Workers
General Confederation of Peruvian Workers

Unionisation Rate

6%.

Labour Regulation Bodies

Ministry of Labor and Promotion of Employment