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In Venezuela the current minimum wage (2008) is 700 bsF. This amount does not include cestatcikets, which are availble for all lega, payrolled workers in the country. Unfortunatly, the level of inflation has made this amount insuffient for basic needs as of the before mentioned date
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What is the minimum wage in Kansas?
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Under new laws (2011) all public sector employees in Venezuela have had their remuneration pegged to multiples of the minimum wage, part of the administration's efforts to curb spending, longstanding endemic corruption and improve income equality. The highest grade, which includes the President, is 12 times the minimum wage. Minimum wage in Venezuela current equates to $3,413 per annum, giving Chavez an annual salary of $US 40,956 http://venezuelanalysis.com/news/6002
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