Nicaragua: Minimum Wage Increased

The increase, which will be applied from September 2014, varies between 4.9% and 5.38%, and applies to all industries, except the free zone regime.

Monday, September 1, 2014

The wage increase ranges between 4.9% and 5.38% depending on the manufacturing sector concerned.

Laprensa.com.ni reports that "... Wages in the free zone will remain at 4004.64 Cordobas. Meanwhile, small and medium tourism enterprises will have a minimum salary of 3142.25 Cordobas; electricity, gas, water, trade, restaurants and hotels, transport, storage and communication will be paid at least 5253.68 Cordobas; and in the construction, financial institutions and insurances sectors the wage is 6.4100 Cordobas . "

"... For workers in the community social and personal services sectors, their new minimum wage will be 4015.43 cordobas, after receiving an increase of 5,135 percent. In the central and municipal government sector minimum wages will be 3571.91 Cordobas. "

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Costa Rica: Minimum Wage Increased 0.67%

October 2015

From January 2016 an increase of 0.67% will apply to private sector wages of all categories included in the official decree.

The National Wages Council confirmed the government's proposal that the adjustment which will take effect from January 2016 is 0.67% for salaries of workers in the private sector.

El Salvador: Rise in Minimum Wage

January 2015

The government has announced that from January 1 there will be an increase of 4% in the legal minimum wage in the productive sectors.

The rise corresponding to this year, 2015, is part of an agreement reached in 2013 and modifies the table for minimum wages, increasing the minimum monthly wages for workers in different sectors by 4%.

Guatemala: Minimum Wage To Increase by 5% in 2014

January 2014

For the second consecutive year the increase was agreed between the private sector, trade unions and the Government.

A press release from the Government of Guatemala reads:

The Government of Guatemala has announced an adjustment to the minimum wage for 2014, representing an increase of 5%, as was announced by the Minister of Labor, Carlos Contreras.

Nicaragua: Minimum Wage up 6%

August 2013

The increase was approved by the National Minimum Wage Commission in March and will be applied from September 1.

After approval, from the 1st of the next month the average minimum wage will be $159.87.

Eleconomista.net reports: "The Commission established this figure in March, after agreeing to a total increase of 12%, divided up into 6% applicable from that same month of March and another 6% from September 1".

ok