Minimum Wages Law to be challenged in Honduras

The Private Sector Council of Honduras is recommending to its members that they challenge the executive decree increasing the minimum wage in the Supreme Court.

Tuesday, January 6, 2009

According to proceso.hn "they also asked President Manuel Zelaya to amend his decision to increase minimum wages to 5,500 lempiras.

The business owners warned that this decision will affect 90% of the companies in Honduras, at which more than 70% of the workers in Honduras are employed."



More on this topic

Bad Time to Standardize Salaries

November 2019

Costa Rican businessmen warn that the government's decision to standardize wages in 2020 will lead to more unemployment, affect workers with less education and reduce competitiveness even further.

For the business sector is imprudent to approve and implement the wage standardization in 2020, since it will have a strong impact on productive sectors such as agriculture, trade, transport, tourism and construction, explains a statement from the UCCAEP.

El Salvador: Controversial wage Increase

December 2016

The approved increase to the minimum wage, granted without the support of the business sector, will come into effect in January 2017.

The change to the minimum wage approved by the government includes unions of public institutions that do not receive the minimum wage.

Costa Rica Discusses Changes in Minimum Salary Model

June 2010

The business sector agrees with unions in the need to modify the current scheme, but differ in how to implement it.

Unions want changes “that recognize past inflation and at least half the expected inflation for the current year”, said Mauricio Castro, director of the National Association of Public Employees.

60% increase in minimum wages in Honduras

January 2009

Businessmen point to negative effects due to the measure, such as the loss of competitiveness because of cheaper labor in neighboring countries such as El Salvador, Nicaragua and Guatemala.

According to elsalvador.com, "workers who earn 3,400 lempiras (some $170) will now earn 5,500 lempiras (some $300).

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