Guatemala and the Minimum Wage Discussion

For agricultural businessmen, the proposal to change the minimum wage discussed nationwide jeopardizes the jobs and incomes of about 500,000 people working in agriculture.

Thursday, December 13, 2018

The guild assures that in addition to the 500,000 direct jobs that could be lost, if the proposal is approved, nearly 1 million indirect jobs would also be put at risk. See "Minimum wage should not be increased for agricultural sector, say businessmen."

In this regard, exporters consider that the wage increase is much more than a number. It has serious social consequences for most Guatemalans who do not have a formal job and total more than 5 million.

From the Agexport statement:

A serious, inclusive discussion according to the current situation of the country on the minimum wage is urgently needed.

Given the new discussions on the minimum wage, AGEXPORT evaluates that the country urgently needs a policy of wage increase with technical bases, very solid and not political.

Exporters believe that the wage increase is much more than a number. It has serious social consequences for most Guatemalans who do not have a formal job and total more than 5 million. An increase without an inclusive analysis means that employment is not formalized, and what is worse, formal employment becomes informal and in general, there is no reply to the need for decent work in the country.

Read full statement.

More on this topic

Minimum Wage Approved for 2020

October 2019

The 2.53% increase approved for the minimum wage for private sector workers in Costa Rica will be in effect from January 1 next year.

With this increase, a messenger worker who has an Unskilled Occupation and earns today ¢309,143.36 ($518) per month will earn ¢316,964.68 ($531) as the minimum wage, the government said.

Minimum Wage: Negotiation begins in Panama

October 2019

The union sector aims for a minimum wage of $1,040 by 2020, but employers say the current economic situation does not lend itself to substantial increases.

Workers, employers and government representatives in Panama are discussing adjustments to the minimum wage, the changes to which must come into effect on January 1, 2020.

Minimum Wage: Businessmen's proposal in Guatemala

September 2019

The country's business sector proposes that elements such as productivity, economic growth and the level of formality be taken into account when calculating the minimum wage, instead of the decision only revolving around the basic basket variable.

The possible changes to the minimum wage in the country is an issue generating expectations among the different sectors, since in the next few days the National Salary Commission (CNS) will have to discuss the proposals to decide if it increases or decreases.

Minimum Wage: Up to 20% increase proposed

August 2019

In the discussion that will begin in Guatemala on the minimum wage that will govern in 2020, the workers seek to unify their demands for an increase of between 10% and 20%.

In mid-September, the National Salary Commission (CNS) should receive the proposals from the different sectors of the workers, so that they can then be considered in the final decision.

 close (x)

Receive more news about Wages

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Professional ink refill franchise for sale

Ink and toner refills with latest generation machinery exclusively for the franchisee in Central America, investment opportunity with fast return.
Ink and toner refills with latest generation machinery...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Jan 19)
Brent Crude Oil
Coffee "C"