ARGENTINA · STATUTORY DATA
Annual minimum compensation
3864000.00
- Current value
- 3864000.00
- Last verified
- 3 days ago
- Authoritative source
- Minimum Wage in Argentina - CXC Global ↗
- Jurisdiction
- Argentina (AR)
Argentina's annual minimum compensation is ARS 3,864,000, calculated on the basis of a full-time employee earning ARS 1,610 per hour. This rule establishes the lowest permissible wage that employers must pay workers engaged in full-time employment across most sectors of the Argentine economy.
The minimum compensation covers all ordinary working hours and applies to employees regardless of industry classification, with limited exceptions for certain apprenticeships and specialized roles. The amount is designed to ensure workers receive a subsistence-level income and reflects the cost of living adjustments made periodically by the Argentine government.
The rule is governed by Argentina's labor legislation, primarily the National Employment Law (Ley de Contrato de Trabajo) and regulations issued by the Ministry of Labor. The minimum wage is reviewed and adjusted annually, typically taking effect on the first of the year, to account for inflation and economic conditions.
Employers must ensure all full-time employees receive at least the statutory minimum compensation for hours worked. Payroll teams should verify the current hourly rate against official government announcements, as the minimum wage is subject to periodic revision. Any compensation package—whether paid weekly, fortnightly, or monthly—must aggregate to at least the annual floor when calculated across a standard full-time schedule. Failure to meet minimum wage obligations exposes employers to penalties and potential legal claims from affected workers.