Guatemala: Wages Adjusted to Productivity

The textile industry presented an economic proposal of salary increases through a productivity bonus.

Thursday, September 10, 2009

Such proposal would increase the daily salary to $8.41 (Q70) via a productivity bonus.

Alejandro Ceballos, president of the Textile and Apparel Commission, told newspaper Prensa Libre: "The current minimum salary would be the future wage floor".

More on this topic

Guatemala: Tax Incentives Extended

September 2015

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At least four months before the expiration of the Law on the Promotion and Development of Exports and Maquila Activities, it has been announced that the aim of the alternative plan is to maintain the tax benefits enjoyed up until now by exporting companies, mainly textiles and maquila.

Panamanian Textile Sector Declines

January 2012

Although the 2011 figures showed an increase of 13.5%, the sector is losing productive capacity, producing only a third of what was manufactured in 2001.

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Textiles: More Lobbying After Loss of Benefits in the US

September 2015

Efforts are growing to minimize the impact of the possible signing of the Trans-Pacific Partnership Agreement, and a tariff reduction program with long deadlines for sensitive products has been proposed.

As negotiations proceed to sign the Trans-Pacific Partnership Agreement (TPP), the textile industry in El Salvador is stepping up its efforts to maintain the conditions of the CAFTA treaty and minimize the impact that the TPP will have on the sector in the long term. One of the main risks is that "... Vietnam could introduce products from China and then export them tariff-free to the United States, which would give them a huge competitive advantage. "

Guatemalan textile companies seeking salary based on productivity

January 2009

The Garment and Textiles Commission (Vestex) will begin to approach the Tripartite Commission in order to reach a consensus on the approval of the salary increase based on productivity.

Prensalibre.com reports: "The companies are not allow to increase the minimum salary of their workers," lamented Alejandro Ceballos, president of the Garment and Textiles Commission (Vestex).

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