The information on this page does not exempt you from consulting the Labor Code and Labor Law in force.
The contents here present may change at any time, in case of doubt, seek legal advice from a specialized professional.
Wages are the payment that workers have the right to receive in exchange for the work they render in accordance with the terms of their contract.
This exchange for work rendered includes the basic wage and all regular or periodical payments made, directly or indirectly, either in cash or in kind.
Wages may be fixed, variable or mixed (mixed wages consisting of a mixture of fixed and variable parts).
Wages are calculated according to the quantity, nature and quality of work done, and follow the principle of equal pay for equal work.