Honduran businessmen reject minimum wage increase proposal

The Honduran Private Sector Council is not ready to accept the proposal for an immediate minimum wage increase for workers of $291 (5500 Lempiras).

Monday, November 3, 2008

The tripartite commission including worker's union leaders, businessmen and the Secretary of Labor will begin, in the next few days, the process of negotiating the new adjustment for minimum wage that will come into effect starting January 1, 2009.
The position of the General Workers Union (CGT) will demand that the increase granted by the Government be automatically transferred public sector workers, without delay as in years gone by. This is already rejected by the business class in the country.

More on this topic

Panama: No Agreement on Minimum Wage

December 2013

The Government is relying on a consensus between the parties, but private enterprise and workers have very different proposals.

Although he did not specify the amount, Gabriel Diez, president of Conep said that "the business sector's proposal achieves the objective of establishing the highest minimum wage in the Latin American region."

Costa Rica: Private Sector Salaries to Rise by 3.65%

October 2012

The wage rise for workers proposed by government representatives and effective from 1st January, has been adopted by the National Wages Council.

Private sector workers’ wages will increase by 3.65% from the first of January 2013.

It is the highest increase in the past two years, during which agreements were made for rates of between 2.63% and 3.17%.

Minimum Wage in Nicaragua to be Ratified

August 2011

Representatives of private enterprise, government and workers will meet at the National Minimum Wage Commission, scheduled for this week, to ratify a 6% increase starting from 16 August.

The agreement signed last February established a minimum wage increase of 13% to be applied in two stages, on Feb. 16 and on Aug. 16.

Honduras to Increase Minimum Wage

October 2010

In the absence of agreements at negotiating tables between employers and employees, the President approved the increment.

This was announced by President Porfirio Lobo, who gave no details of percentages to be applied, but stressed that the increase will be retroactive.

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