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45% of DR wage earners make less than RD$10,000

Former president of the Dominican Small Enterprises Confederation (Codopyme) Yuri Chez has told Diario Libre that 45.3% of wage earners who report their income to the Social Security Treasury (TSS) are paid less than RD$10,000 a month. He also mentioned that micro and small and medium-sized enterprises sustain the TSS, with 94.6% of contributors.

He said that the SUIR database has registered 1,586,809 employees as of 31 August 2014 and of this total, 719,189 earn less than RD$10,000. A total of 63,181 active companies are paying social security.

He said that in the DR a micro company is defined as one with 15 or fewer employees.

The breakdown is:

1-15 employees: 52,902 (83.2%)
16-50 employees: 7,274 (11.4%)
51-100 employees 1,615 (2.5%)
101-500 employees 1,431 (2.2%)
501-1000 employees: 211 (0.3%)
1001-5000 employees: 167 (0.3%)
5000+ employees: 15 (0.02%)

The breakdown includes both private and government.

Source: DR1. DairoLibre

Category: DR News |

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Last updated October 26, 2016 at 10:54 PM
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