Minimum wage rises 18% in Nicaragua

The Government decreed an 18% raise in the minimum wage for government and private sector employee which should come into force on October 1.

Friday, September 26, 2008

The new minimum wage for workers was unilaterally set for the first time by the Nicaraguan Executive after the other parties, unions and businesses, could not reach an agreement after 60 days of negotiations, the source said.

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.

El Salvador: Minimum Wage Increase of 8% in Effect

May 2011

With the approval by the Executive, an 8% increase in the minimum wage will come into force on May 16.

The agreement reached by employers, unions and government representatives, on 28 April, is waiting for ratification by the president in order to be implemented.

An article in LaPrensa Grafica on its website outlines previous changes; since 2006 there have been four increases in the minimum wage, one per year up to 2009, of 10%, 5%, 5% and 8% respectively. In 2011 the rise was 8%

Costa Rica's private sector salaries to rise by 6.58%

June 2008

Workers in Costa Rica's private sector are about to get a 6.58 percent raise.

Persons in this sector and those who have a "semi-qualified" employment will receive this amount plus a 4,000-colon monthly subsidy of 4,000 colons (about 7.69 dollars).
Those who do not have specific qualifications will get the same salary increase and a 5,000-colon subsidy (about 9.61 dollars).

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