Honduras: Businessmen Opposed to Retroactive Wage

The Honduran Council of Private Enterprise (Cohep), reiterated that they are unable to pay a retroactive wage adjustment.

Thursday, October 14, 2010

Santiago Ruiz, president of Cohep, told La Tribuna, "What is there to negotiate is an adjustment for 2011; we suggest a meeting and try to advance in what the minimum salary should be in order to have something predictable for the next three years."

Faced with the announcement of the textile industry, stating they would pay the retroactive salary increase, the executive said "... that industry has the benefit that wages were not increased, so they formally have a position."

More on this topic

Honduras: Businesses Will Not Implement Pay Rise Retro-actively

April 2011

The country's private enterprise council (Cohep in Spanish) has indicated that new legislation does not require them to retroactively apply the increase in the minimum wage.

Armando Urtecho, Cohep executive director, has stated that according to articles 96 of the Honduran Constitution and 7 of the Civil Code, the law that came into force on April 1 cannot apply retroactively.

Honduras to Increase Minimum Wage

October 2010

In the absence of agreements at negotiating tables between employers and employees, the President approved the increment.

This was announced by President Porfirio Lobo, who gave no details of percentages to be applied, but stressed that the increase will be retroactive.

Honduran businessmen reject minimum wage increase proposal

November 2008

The Honduran Private Sector Council is not ready to accept the proposal for an immediate minimum wage increase for workers of $291 (5500 Lempiras).

The tripartite commission including worker's union leaders, businessmen and the Secretary of Labor will begin, in the next few days, the process of negotiating the new adjustment for minimum wage that will come into effect starting January 1, 2009.

Business Proposal on Minimum Wage in Panama

December 2013

Businesses are warning that raising the minimum wage to a level higher than proposed will make the prices of goods and services more expensive, generating inflation.

The National Council of Private Enterprise (CONEP) confirmed that it has submitted a proposal to adjust the minimum wage.

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