El Salvador: Salary increase being discussed

Companies, workers and the government are discussing a new salary increase for the private sector; the initial proposal is for a 10% increase starting January 2009.

Thursday, November 27, 2008

Sources close tot he Minimum Salary Superior Council who asked to remain anonimous indicated that the debate is already focused on those figures and terms, but that they are waiting for the Government representatives, and private workers unions to give the last word after internal consultations.

More on this topic

Minimum Wage in El Salvador Up 12%

June 2013

The increase approved by the National Minimum Wage Council will be implemented in three stages over a period of 18 months after publication in the Official Journal.

Eleconomista.net reports that "the agreement states that there will be an immediate increase of 4% in the minimum wage, 4% on 1 January 2014 and the remaining 4% on 1 January 2015." Upon completion of the total percentage, the minimum wage for the agricultural sector will be $117.57, trade and services will receive $251.11 and industry $145.67 .

Minimum Wage Increase Approved in Honduras

January 2012

Increases in the minimum wage effective for the next two years range from 5 to 7%.

According to the agreement the percentage increases vary depending on the number of workers who work in companies. Where there are 1 to 50 the increase is 5.6%, from 51 to 150 it is 6.24% and for more than151 employees the percentage is 7.25%.

Wages and Productivity in Panama

October 2011

The president of the Chamber of Commerce and Industry of Panama has called for an increase in the minimum wages and for productivity to be included in the formula that determines it.

Regarding discussions on the minimum wage, no conclusion has been agreed between the parties -workers and employers, and if this situation continues until the end of the year, it could mean that the final figure is established by Executive decree.

Minimum Wage in Nicaragua to be Ratified

August 2011

Representatives of private enterprise, government and workers will meet at the National Minimum Wage Commission, scheduled for this week, to ratify a 6% increase starting from 16 August.

The agreement signed last February established a minimum wage increase of 13% to be applied in two stages, on Feb. 16 and on Aug. 16.

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