Peru increases minimum living wage and raises labour-related costs

7 October 2026 1 min read

At a glance

Peru's minimum living wage (RMV) will increase from S/1,130 to S/1,230 with effect from 1 October 2026 under Supreme Decree No. 015-2026-TR.
The increase represents the first stage of a planned two-step adjustment, with a further rise to S/1,300 expected in 2027, subject to the publication of a new regulation.
The higher RMV will increase several employment-related payments and benefits, including family allowances, remuneration for night work, gratuities, Compensation for Length of Service (CTS) payments, health social security contributions (EsSalud), and internship subsidies.
Employers will need to review salary structures, employment costs, financial provisions, internship agreements, and remuneration arrangements for employees performing night work.
Businesses should also factor a potential second RMV increase into their 2027 workforce budgeting and financial planning.

Peru has approved an increase to the RMV, raising it from S/1,130 to S/1,230 with effect from 1 October 2026 under Supreme Decree No. 015-2026-TR. This represents the first phase of a planned total increase of S/170. The government has indicated that a further increase of PES70, which would bring the RMV to PES1,300, is expected to be implemented during the first half of 2027 through a separate regulation.

The increase will have implications beyond employees earning the minimum wage, as a range of employment-related payments and benefits are calculated by reference to the RMV. From October 2026, the family allowance will increase to PES123 per month, while the minimum remuneration for night work will rise to PES1,660.50. The increase will also affect statutory benefits, including year-end gratuity calculations, CTS payments, and employer social security contributions to EsSalud. In addition, higher subsidy amounts will apply under qualifying internship arrangements, and the minimum remuneration applicable in the mining sector will increase to PES1,537.50.

Employers should assess the impact of the revised RMV on payroll and labour costs for the final quarter of 2026, including updating financial provisions and reviewing remuneration arrangements linked to the statutory minimum wage. Organisations may also wish to consider the potential second increase to PES1,300 when planning employment costs and budgets for 2027, although its implementation remains subject to the introduction of a new regulation.