Guatemala: Between 5% and 7% increase in minimum wage

The Government is analyzing giving a small increase in the minimum wage in order to compensate for the loss of purchasing power of workers.

Tuesday, December 23, 2008

Since business owners and workers unions can come to an agreement at the National Emergency Commission for Salary (CNS) the decision to grant an increase is left in the hand of the president.

More on this topic

Basic salary in Nicaragua goes up by 12.5%

March 2012

Business owners, unions and the government reached an agreement to increase the basic salary of urban workers in most sectors by 12.5% and by 13% for farm workers.

Though he had previously announced the business association he represents would not participate in a meeting scheduled for today, Jose Adan Aguerri, president of the Higher Council of Private Enteprise (COSEP in Spanish), came back to the negotiating table in the last moment, what allowed all parts to make a deal.

Minimum Wages Up in Guatemala

January 2011

The Government passed a decree increasing wages between 13.75% and 14.88%.

Workers in the textile industry should receive 14.88% more salary, while those in other sectors 13.75%.

Alvaro Colom “approved the decree after the National Salary Commission (CNS), composed of businessmen and worker union leaders, failed to reach an agreement during 2010”, explained EFE.

Minimum wages increased in Guatemala

December 2008

President Alvaro Colom enacted the increase in the minimum wages yesterday, leaving workers from the maquila industry on the sidelines.

According to Prensalibre.com, "This increase represents 1.63% for workers in the city and 7.81% for workers in the field. Those who work in the maquilas will continue to receive a minimum wage of Q4.75 ($6.12) per day."

No agreement in Guatemala on minimum wages

December 2008

The president has in his hands the decision on whether to increase or not the minimum wage scale of the country that will come into effect on January 1, 2009.

The workers sector and the employer sectors in Guatemala could not come to an agreement on the eventual increase of the minimum wage.

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