ILO is a specialized agency of the United Nations
ILO-en-strap
Go to the home page
Contact us
> TRAVAIL home > TRAVAIL legal databases


Page 1 of 1 (1 countries)   

Equatorial Guinea - Minimum Wages - 2011


SOURCES


Name of Act

Labour Code, 12/11/2002.

Name of Act

Decree on Minimum Wage, 05/02/2007.

MINIMUM WAGE FIXING


Procedure


Government decides after consultation of the social partners

The government, after having consulted the employers and workers representative organizations, or in the lack of such, the representatives of employers and workers, shall enact a decree stating the minimum wage amount. Whenever possible, after having consulted the social partners, people with recognised expertise to represent general interest of the country may also be consulted. The minimum wage shall be revised, at least, every 2 years.
Labour Code, 12/11/2002. §57(1)

Criteria


Needs of workers and their families

In order to determine the minimum wage level, it shall be taken into account:

a)Workers and their families need, considering general level of wages, the living costs, the social security benefits and the relative standard of living of other social groups.
Labour Code, 12/11/2002. §57(2)a)

Cost of living

In order to determine the minimum wage level, it shall be taken into account:

a)Workers and their families need, considering general level of wages, the living costs, the social security benefits and the relative standard of living of other social groups.
Labour Code, 12/11/2002. §57(2)a)

Level of wages and incomes in the country

In order to determine the minimum wage level, it shall be taken into account:

a)Workers and their families need, considering general level of wages, the living costs, the social security benefits and the relative standard of living of other social groups.
Labour Code, 12/11/2002. §57(2)a)

Social security benefits

In order to determine the minimum wage level, it shall be taken into account:

a)Workers and their families need, considering general level of wages, the living costs, the social security benefits and the relative standard of living of other social groups.
Labour Code, 12/11/2002. §57(2)a)

Economic development

In order to determine the minimum wage level, it shall be taken into account:

b)Economic factors, therein included the requirements for economical development, productivity levels, as well as ways of reaching and maintaining a high level of employment.
Labour Code, 12/11/2002. §57(2)b)

Productivity

In order to determine the minimum wage level, it shall be taken into account:

b)Economic factors, therein included the requirements for economical development, productivity levels, as well as ways of reaching and maintaining a high level of employment.
Labour Code, 12/11/2002. §57(2)b)

Level of employment

In order to determine the minimum wage level, it shall be taken into account:

b)Economic factors, therein included the requirements for economical development, productivity levels, as well as ways of reaching and maintaining a high level of employment.
Labour Code, 12/11/2002. §57(2)b)

Other provisions

In order to determine the minimum wage level, it shall be taken into account:

c)The conditions, the time and the place in which the work takes place.
Labour Code, 12/11/2002. §57(2)c)

Level


Minimum wage level(s) in national currency

The minimum interprofessional wage for the private sector, for the period of 2007-2008, is fixed in 95.400 FcFa.
Decree on Minimum Wage §1

Last minimum wage update

5 February 2007.
Decree on Minimum Wage

Rate of payment


» Monthly

The minimum interprofessional wage for the private sector, for the period of 2007-2008, is fixed in 95.400 FcFa.
Decree on Minimum Wage §1

» Other

The basic salary for each of the professional categories shall be determined by the amount stated in art.1 (95.400 FcFa) multiplied by the respective coeficient for each category.
Decree on Minimum Wage §2
click on this symbol to show or hide remarks

Scheduled frequency of adjustment

The minimum wage shall be revised, at least, every 2 years.
Labour Code, 12/11/2002. §57(1)
click on this symbol to show or hide remarks

Results generated on: 30th September 2014 at 12:23:36.
Page 1 of 1 (1 countries)   

 
^ top
Summaries and full texts in the TRAVAIL Legal Database are provided for information purposes only and are not intended to replace consultation of the authentic legal texts. We update the database regularly but are unable to guarantee that the laws it contains are always complete, accurate and the most recent version. Please contact us if you have updated information.