Guatemalan textile companies seeking salary based on productivity

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.

Tuesday, January 27, 2009

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).

"We hope that it can finally become law by 2010, as we know that President Alvaro Colom has given his approval for this solution," he added.

More on this topic

Guatemalan Textile Industry Lost 18,000 Jobs

February 2009

The 30% contraction in exports during the month of January affected the workforce directly with a reduction of 18,000 jobs.

Alejandro Ceballos, President of the Garment and Textiles Commission (Vestex) informed Prensalibre.com: "In five years, we have lost 60,000 jobs.

Central American Textile Chain

October 2011

Guatemala's textile industry is changing from exporter of finished products to one that provides raw materials to manufacturers in other Central American countries.

The migration of maquila companies to Nicaragua, El Salvador and Honduras has generated an increased demand for industrial fabric and textile materials transforming the Guatemalan textile industry.

60% increase in minimum wages in Honduras

January 2009

Businessmen point to negative effects due to the measure, such as the loss of competitiveness because of cheaper labor in neighboring countries such as El Salvador, Nicaragua and Guatemala.

According to elsalvador.com, "workers who earn 3,400 lempiras (some $170) will now earn 5,500 lempiras (some $300).

Guatemala: Textile Industry Suffers Damages

January 2016

The transfer of three Korean operations operating in the country and an uncertainty in fiscal terms for the new period, have kept the sector in suspense.

Historically Guatemala has been one of the most competitive countries in the textile industry, but the legislative backlog in extending incentives to maquila companies and free zones regimes, and the departure of three Korean companies in the country in the last year, have placed the sector in a state of uncertainty.

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