Honduras: The new minimum salary will be established next week

The Minister of Works expects that during negotiations next Tuesday, businessmen and workers will finally reach an agreement that is acceptable to both parties.

Friday, December 19, 2008

Representatives of the Tripartite Commission are trying to set the new salary for private sector workers effective 1 January 2009, however, the workers are demanding $292 monthly.

Meanwhile, business leaders are demanding a six month moratorium or extension in order to analyze the real impact of the global financial crisis.

More on this topic

Guatemala: Proposal to Increase Minimum Wage

September 2011

Textiles and clothing, among other sectors, would benefit most if the proposed increase is approved by the Commission on Salaries

The Joint Commission on Salaries (CPS) has proposed a 5% increase to the minimum wage, which could begin to take effect next year.

Although the increase must be authorized by the Salaries Commission, industry representatives believe that is a measure that will at least offset the projected increase for inflation, which is also 5%.

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.

Honduran businessmen reject minimum wage increase proposal

November 2008

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

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.

Honduras launches talks on increase in minimum wage

May 2008

Trade union and business leaders are studying the impact of the surge in oil prices on the prices of basic necessities with a view to raising the minimum wage, Labour Minister Mayra Mejía confirmed.

Last year the government agreed to an increase of 403 lempiras (US$21) in the minimum wage, but labor leaders complained that it was almost immediately rendered worthless by inflation.

 close (x)

Receive more news about Government

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

Comisión Portuaria Nacional

Organization that operates in Guatemala.
Phone: (502) 2419 4800

Company Profile

Stock Indexes

(Dec 15)
Dow Jones
S&P 500


(Dec 15)
Brent Crude Oil
Coffee "C"