The 2012 Ecuador Minimum Wage

The current minimum wage in Ecuador is $292 per month for full time work.

Now, that does not include extra benefits that are required to be paid by law like the social security and healthcare benefits to the IESS, which often cost a business $50-100 per employee.

The minimum wage is slightly less than that in nearby countries like Colombia, Panama and Costa Rica.

Good place to start a business, indeed!

2012 ecuador minimum wage

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