Nicaragua: 8.25% Rise in Minimum Wage

Businesses will have to apply an initial increase of 4,125% from 1 March 2017 and a second increase, of the same amount, on September 1.

Friday, February 17, 2017

The agreement was approved with the consensus of the private sector, trade unions and government.  The decision to establish the increase at 8.25% came after the business sector  proposed an adjustment to 7.63%, and unions, between 9% and 10%.



More on this topic

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.

Panama: 8.5% Increase in Minimum Wage

January 2016

Employers, unions and the government agreed to a 8.5% increase in the minimum wage in all economic activities, starting from January 2016.

The approval for the general rise of 8.5% applies to all activities in the economic regions of the country, except for small businesses.

Private Wages in Costa Rica up 2.01%

October 2014

With support from the business sector the wage adjustment which will be effective starting january 2015.

The increase in salaries approved by the National Wages Council is less than the amount requested by workers in the private sector; the difference is 0.90%. Requests from the various workers representations ranged from 2.91% to 5.7%.

Nicaragua: Minimum Wage up 6%

August 2013

The increase was approved by the National Minimum Wage Commission in March and will be applied from September 1.

After approval, from the 1st of the next month the average minimum wage will be $159.87.

Eleconomista.net reports: "The Commission established this figure in March, after agreeing to a total increase of 12%, divided up into 6% applicable from that same month of March and another 6% from September 1".

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