The preliminary findings of a survey into Panamanian salaries carried out by Price Waterhouse Coopers indicates that the increase relative to 2008 is 14.3%.

Multinational companies recorded the largest increase relative to last year with a rise of 9.6%.

"In addition to salary increases a new market has developed for specialist salary analysis, giving rise to new job opportunities," writes Prensa.com.

Source: Prensa.com

More on this topic

Minimum Wage Approved for 2020

October 2019

The 2.53% increase approved for the minimum wage for private sector workers in Costa Rica will be in effect from January 1 next year.

With this increase, a messenger worker who has an Unskilled Occupation and earns today ¢309,143.36 ($518) per month will earn ¢316,964.68 ($531) as the minimum wage, the government said.

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.

Executive Salaries Increase in Guatemala

August 2011

According to a Price-Waterhouse Coopers survey for the second half of 2011, yearly executive salaries will grow by 8.7%.

According to the survey, Salary Information Enterprise System (SEIS), conducted among a group of 102 companies, 54 national and 48 multinational operating in the country, wage increases will be 8.9% for domestic companies and 8.3% for multinationals.

No Salary Increases in Guatemala

June 2009

A survey conducted by Pricewaterhouse Coopers indicated that 59% of surveyed companies do not plan to raise salaries.

Of the 150 companies surveyed, 41% are planning to make wage increases by an average of 8.6%.

Laprensalibre.com website published the results of the survey of 150 companies in Guatemala. The consultant Pricewaterhouse Coopers conducted its six-month review of the Business Labor Information System.