Costa Rica's private sector salaries to rise by 6.58%

Workers in Costa Rica's private sector are about to get a 6.58 percent raise.

Wednesday, June 25, 2008

Persons in this sector and those who have a "semi-qualified" employment will receive this amount plus a 4,000-colon monthly subsidy of 4,000 colons (about 7.69 dollars).
Those who do not have specific qualifications will get the same salary increase and a 5,000-colon subsidy (about 9.61 dollars).
The increase will be paid to all workers earning less than 180,000 colons (about 350 dollars) per month. The measure is designed to offset the 5.08 percent inflation the country has experienced between January and May.

More on this topic

Agreement on Minimum 2.66% Increase in Public Wages

July 2012

Public employees in Costa Rica will receive a minimum increase of 2.66% during the 2nd half of 2012.

Workers earning more than $532 will receive an additional increase of 1%.

According to the Minister of Labour, Sandra Piszk, this group represents 70% of all central government staff.

Costa Rica: 3% Increase for Private Sector Wages

June 2012

Government representatives and workers approved the salary increase in the National Wages Council, to the dissent of the employers' delegates.

Starting on the first of July, private sector employees who receive the minimum wage will get an increase of 3%.

Employer sector representatives did not support the increase, which differs from their proposal of 2.47%.

Differentiated Salary Increase in Costa Rica: 2.55% and 3.50%

June 2011

The National Wages Council has finally approved the proposal submitted by the government to set wage increases in the private sector.

From 1 July private sector workers will receive an increase of 2.55% and for those employed within the lower income categories, the increase is 3.5%.

Costa Rica: 5% Wage Increase for Private Workers

October 2009

Starting January 1, 2010, all private workers earning minimum wage must have their salaries increased 5%.

Representatives of Costa Rican Worker Unions had requested a 7.74% increase, whilst the Union of Business Chambers and the Private Enterprise had offered 3.9%.

This afternoon, the National Wages Council approved a 5% wage increase, which is 1% above the expected inflation rate for the second half of 2009.

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