In Argentina, the minimum wage is set by the Executive and agreed to by the “Wage Council” (composed of unions, employers and government officials).

Before August 1, 2008 the minimum wage was (Argentine) $ 980 per hour of work. However, a raise was recently approved, to $ 1,200 from August 2008 and to $ 1,240 starting December 2008.

Also, the minimum wage per hour for workers is $ 6 from August 2008 and $ 6.2 from December 2008.