The increase will be staggered: 5% from June 1, 2016, 5% from June 1 2017, and 5% from June 1 2018.
From a statement issued by the ANEP:
The private sector represented in the National Minimum Wage Council, agreed to accept the request from workers to increase the monthly basic salary in the sectors of industry, maquila and the various agricultural sectors by 15%.
This increase will be implemented gradually in three stages:
5% from June 1, 2016, 5% from June 1 2017, and 5% from June 1 2018.
The only exception is the trade and services sector where the increase will be 4.5% per year, with the same date of entry into force, taking into consideration the weak situation of small businesses and the risk of an increase in informality being quite high.
Costa Rican industrialists warn that increasing the minimum wage in the private sector by 34% will cause more unemployment and encourage more companies to operate unofficially.
The bill concerning the minimum wage will endanger plans for new hires in the private sector, and its passage into law could cause more informality and more unemployment. The proposal aims to increase the minimum wage by 34% for unskilled employees in the private sector. With the increase, the salary would go from $534 to $718.
After the government repealed differentiated wages, the Guatemalan business sector will be proposing new options such as work paid by the hour and other initiatives to promote investment and employment.
Entrepreneurs will not stand idly by and will be proposing new alternatives for flexible working hours and wage schemes to improve conditions and attract more investment to the country, especially in areas far from the capital. Providing an incentive to foreign and local companies such as a differentiated salary scheme is no longer a possibility, therefore they will be working on schemes such as part-time jobs or hourly rate jobs.
Bowing to pressure from those who can choose what to eat every day, the Morales administration has repealed the differentiated minimum wage, denying the right to choose how to live to those who do not have that option.
President Morales has put an end to an initiative that aimed to attract investment to four municipalities by applying differentiated minimum wages, yielding to the the high profile power of those who, from the comfort of a heated office and while receiving thousands of dollars in salaries each month, feel that it is reasonable remove the possibility of having a job from those who have nothing.
In January the minimum monthly wage in companies operating under the free zone regime will change from $159 to $171.
The adjustment which has been in force since January this year is the result of multi-year tripartite agreement signed in December 2012 and applied to 109,000 employees working in free zone enterprises. This was reported to Laprensa.com.ni by Dean Garcia, executive director of the Nicaraguan Association of Textiles and Apparel (Anitec).
From the comfort of a heated office and after receiving thousands of dollars in salary at the end of every month, well-intentioned people are trying to take away from those who have nothing, the possibility of having a job.
The indispensable struggle for the dignity in jobs and the eradication of slavery of the people living under a wild form of capitalism, has led to the introduction of minimum wages in modern societies.
Memorandum on the new minimum wage and the payment schedule of liabilities for December 2015.
From a Memorandum sent by Tezó and Associates:
On December 30, 2015 the Ministry of Labour and Social Security published in the Journal of Central America Government Agreement No. 303-2015, by which the new minimum wages for agricultural activities are set, and those for non-agricultural activities, maquilas and exports which are regulated by Decree No.
The rise is 4% for workers in the agriculture and non-agriculture category, and 3.5% for the export and maquila sectors, and will be effective from January 1, 2016.
From January 1st, the minimum wage will increase by 4% for workers in agriculture and non-agriculture sector, and 3.5% for workers in the export and maquila sector, according to Government Agreement 303-2015, which was published in the official newspaper.
Employers, unions and the government agreed to a 8.5% increase in the minimum wage in all economic activities, starting from January 2016.
The approval for the general rise of 8.5% applies to all activities in the economic regions of the country, except for small businesses.
The Minister of Labor and Workforce Development, Luis Ernesto Carles explained in an article on Capital.com.pa that "...'A general adjustment of 8.5% for all economic activities which does not include small businesses was approved, the Executive will determine the percentage for small businesses, agricultural activities and the banana industry, and the domestic sector.' "
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