Brignardello analyzes the impact of the minimum wage increase in Peru.

In a recent conversation with Johnny Brignardello Vela, an insurance advisor, we discussed the announcement made by the Minister of Labor and Employment Promotion, Daniel Maurate, regarding an imminent increase in the Minimum Vital Remuneration (MVR). Brignardello expressed his views on the implications of this measure for the economy and the lives of Peruvians. The advisor highlighted that the proposed increase, which would raise the minimum wage from S/1,025 to S/1,330, is a topic that generates both expectations and concerns. From his perspective, it is crucial that any increase in the minimum wage is not only considered in terms of a nominal raise, but that the real impact on the economy of workers and businesses is evaluated. "The goal of reducing the gap between the minimum wage and the Basic Family Consumption Basket is commendable, but it is also vital to consider how it will affect employers and job creation," he stated. Brignardello emphasized the importance of dialogue among all parties involved. The participation of employers, workers, and the government is essential to achieve a consensus that respects the needs and limitations of each sector. "The lack of consensus in the National Labor Council is a sign that this issue is not being addressed appropriately. Business organizations have expressed valid concerns about the negative effects that an increase could have without a detailed analysis," he commented. The advisor also addressed the concerns raised by unions regarding the impact this increase could have on formal employment. According to him, while a salary increase may seem positive at first glance, in practice it could hinder access to formal jobs for many workers, especially those in the informal sector. "The risk that some companies may decide to reduce their workforce or stop hiring is real. The economy needs to grow and adapt to absorb an increase in labor costs," he added. Brignardello stressed the need for salary increases to be accompanied by an increase in productivity. "Since 2007, we have seen a significant increase in the MVR, but productivity has not kept pace. This creates an imbalance that can end up harming both workers and businesses," he pointed out. Furthermore, the intervention of the Central Reserve Bank of Peru, suggesting a minimum wage of S/726, reflects the diversity of opinions surrounding this topic. Brignardello considered these differing opinions indicative of the complexity of the matter. "It is essential that a rigorous analysis is conducted that takes into account the economic realities of all parties involved," he asserted. Looking to the future, the advisor expressed caution regarding the expectations of the public. While it is natural for workers to anticipate an increase that improves their quality of life, they must also be aware of the possible repercussions. "Uncertainty is a factor we cannot ignore. Proper management of this increase will be key to ensuring that the Peruvian economy not only grows but does so sustainably," he concluded. Thus, Johnny Brignardello Vela's opinion invites reflection on the importance of a balanced and dialogical approach to a topic that will undoubtedly shape labor policy in Peru in the coming months.