Nicaragua: 10% Hike in Minimum Wage

Due to a lack of consensus between employers and workers, the government established the increase for this year at 10.4%, which will be applied in two parts, beginning with a 5,2% adjustment, starting from March.

Monday, March 12, 2018

As the business sector and workers could not agree on fixing the increase, the Ortega administration made the decision to establish the adjustment. The first increase will be 5.2% and will apply from March, while the second will also be 5.2%, and will be fixed from September of this year and will run until February 28, 2019. 

Elnuevodiario.com.ni reports that "...In the electricity, gas, water, commerce, restaurant, hotels, storage and communications sectors, the new salary will be C $7,280.87 ($235). Construction workers, financial establishments and insurance companies, which have the highest minimum wage, will earn C $8,884.6 ($287)."

See agreement for general salary

Do you need more information about your business sector?

Request more information:








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

Rise in Minimum Wage Goes Ahead Despite Crisis

August 2018

In the midst of Nicaragua's delicate economic situation, the government has announced that the 5.2% increase in the minimum wage agreed in March will come into effect on September 1.

Official media reported that the National Minimum Wage Commission ratified the agreements reached in March 2018, and from September 1 the new salaries will enter into force.

Nicaragua: Increase in Minimum Wage

August 2017

On September 1, the 4.1% rise in the minimum wage for workers in nine of the ten sectors established by law will come into force.

The 4.125% increase is part of the 8.25% adjustment approved jointly by the private sector, government and unions in February.  At that time it was agreed that the adjustment would be made in two parts, at the beginning of each semester. 

Nicaragua: General Minimum Wage Up 9%

January 2016

Through a tripartite agreement an adjustment to the minimum wages in all sectors was established at 9% , and 8% for SMEs.

The announcement made by the Ortega administration, in agreement with unions and the business sector, establishes an increase of 9% starting from this year.

Honduras: Minimum Wage Increases Between 5.5% and 8%

January 2016

With businesses opposed to the raise, the Labour Ministry has confirmed an increase of between 5.5% and 8% in the different categories of minimum wage.

The minimum wage for 2016 has been set as per the agreements of the tripartite commission agreed, even though the private sector has called for a review to take into account inflation.

 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


Medical grade 3 ply surgical masks

Level 1 medical grade 3ply surgical masks 99.5BFE. FDA/CE/ISO certifications, Shipping from Panama Sept. 2020.
Our custom made 3 ply Level 1 surgical masks come with a...

Stock Indexes

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

Commodities

(Nov 27)
Brent Crude Oil
48.300
Coffee "C"
124.25
Gold
1,787
Silver
22.68