Honduras to Increase Minimum Wage

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

Friday, October 8, 2010

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

Proceso Digital published on its website, "The minimum wage should have been approved in April, but due to disagreements between employers and workers represented at the Minimum Wage Commission, the decision has been delayed."

More on this topic

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 to Increase between 15 and 18% in Panama

January 2012

The Executive has established a rise of between 15 and 18% in the minimum hourly wage, depending on economic activity, occupation and the size of the business, across the country.

A press release from the Presidency of the Republic of Panama states:

In virtue of the inability of the National Minimum Wage Commission, made up of workers and employers, to reach an agreement on the minimum wage, which should come into effect from January 1, 2012, the Executive has established an increase of between 15 and 18% on the minimum hourly wage, depending on economic activity, occupation and size of businesses across the country.

Wages and Productivity in Panama

October 2011

The president of the Chamber of Commerce and Industry of Panama has called for an increase in the minimum wages and for productivity to be included in the formula that determines it.

Regarding discussions on the minimum wage, no conclusion has been agreed between the parties -workers and employers, and if this situation continues until the end of the year, it could mean that the final figure is established by Executive decree.

Honduras: Businessmen Opposed to Retroactive Wage

October 2010

The Honduran Council of Private Enterprise (Cohep), reiterated that they are unable to pay a retroactive wage adjustment.

Santiago Ruiz, president of Cohep, told La Tribuna, "What is there to negotiate is an adjustment for 2011; we suggest a meeting and try to advance in what the minimum salary should be in order to have something predictable for the next three years."

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