Cuba Minimum Wage Rate 2018
Because Cuba does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Cuba. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.
What is the Cuba Minimum Wage?
Cuba's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Cuba's minimum wage rate varies by occupation. The average minimum wage rate is 225 Cuban pesos a month. This minimum wage is supplemented by the Cuban government with free education,subsidized medical care (daily pay is reduced by 40 percent after the third day of a hospital stay),housing,and some subsidized food. Cuba's minimum wage was last changed in 1-May-2005.
Facts and statistics about Cuba
Cuba is a country located in the Caribbean region with a population of 11,201,000 and an average life span of 76.2 years.
|Gross National Product||$17,843.00|
|Government Type||Socialistic Republic|
|Current Leader||Fidel Castro Ruz|
|Continent & Region||North America, Caribbean|
|Surface Area||110,861 square kilometers|
|ISO 3166 Country Code||CU|
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