Minimum Wage Approved for 2020

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.

Monday, October 28, 2019

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.

You may be interested in "Never-ending Struggle for Minimum Wage"

From the MTSS statement:

San José, Costa Rica. The National Salaries Council (CNS) unanimously approved this Wednesday afternoon the increase in minimum wages in the private sector for 2019 by 2.53%, which means that for every ¢100 thousand workers should receive ¢2,530 more.

Additionally, an additional wage increases of 2.33962% was approved for domestic servants. In other words, for every ¢100 thousand they should receive ¢2,339,62 more.

The increase was fixed by unanimous votes after analyzing the proposals presented by the representatives of the three sectors before the NHA.

"I am extremely pleased that the National Salaries Council, in an exercise of social dialogue, has unanimously approved our proposal that sought to recognize the components of the calculation formula, both the cost of living and the growth of the gross domestic product," said Geannina Dinarte Romero.

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.









this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Nicaragua: Minimum Wage Increases 2.6

February 2020

In a context of a sharp drop in economic activity, the government decided to increase the minimum wage by 2.63% as of 1 March.

The increase, which was agreed by the Ministry of Labor and which will affect ten economic activities, was endorsed by the authorities on 6 February. Workers in free zones will be the only ones not to be subject to this increase, since wages in this sector were raised at the beginning of the year.

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.

Dominican Republic: 14% Increase in Minimum Wage

July 2019

The National Wage Committee approved a 14% wage increase for non-sectorized private workers, which will come into effect next August.

The authorities also reported that they have declared themselves in permanent session to start work on reclassifying companies or updating thresholds.

Guatemala and the Minimum Wage Discussion

December 2018

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.

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.

 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


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Jun 14)
Brent Crude Oil
72.36
Coffee "C"
160.1
Gold
1,867
Silver
27.935