Costa Rica: Minimum Wage Increases 0.94%

From July 2015 a minimum wage increase of 0.94% will be in effect in the private sector of all categories included in the official decree.

Thursday, June 11, 2015

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

Private sector minimum wages will rise 0.94%

The National Wages Council has set an increase of 0.94% for minimum wages of workers in the private sector, to be in effect from July 2015. The increase is for all categories included in the official decree.
In the case of domestic workers, the Council defined a differentiated adjustment of 1.04%.

"Although current inflation is virtually zero, UCCAEP is committed to respect the wage adjustment formula," said Ronald Jimenez, president of the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP); He added that the increase compensates for inflation adjustments and decreases the pressure on companies to reduce their payroll.



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Costa Rica: Minimum Wage Increases 1.14%

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From January 2017 an increase of 1.14% comes into effect for private sector wages in all categories included in the official decree.

The National Wages Council confirmed the government's proposal that the adjustment to be made from January 2017 will be 1.14% for wages of workers in the private sector.

Costa Rica: Minimum Wage Up 0.5%

June 2016

The increase applies to minimum wages of private sector workers starting from July 2016.

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

The National Wages Council established, on the afternoon of Wednesday, an increase of 0.5% for minimum wages of workers in the private sector starting from July 2016.

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.

Private Sector Wages Rise by 3.78% Costa Rica

October 2013

The approved increase applies to the first half of 2014.

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