Nicaragua: Differentiated Minimum Wage Agreed

Minimum wage adjustments for the next 6 months will be differential: 13%, 11% and 8%, depending on the industry.

Friday, May 15, 2009

The 13% readjustment applies to the minimum wage for agricultural workers (an increase of $9). The increase of 11% will be for the basic services sector, trade, transport, insurance and financial institutions, among others.

"And 8% was stipulated for the industrial sector, services, household services, personal services, central government, fisheries and micro and small enterprises, among others. This will result in an average of 150 Cordobas," wrote Rafael Lara for Elnuevodiario.

This provision takes effect on May 15.

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Costa Rican government employees earn up to 50% more than their peers in the private sector, and they have announced marches and strikes because they want to earn even more.


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No Salary Increases in Guatemala

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A survey conducted by Pricewaterhouse Coopers indicated that 59% of surveyed companies do not plan to raise salaries.

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