Nicaragua: Minimum Wage Rises 4.5%

On September 1 a second increase of 4.5% will come into effect as agreed earlier this year in negotiations between the government, unions and employers.

Friday, August 19, 2016

With the 4.5% increase the minimum wage will be $180.7 a figure that will be maintained until March 2017, when the members of the Tripartite Minimum Wage Committee will meet again. reports that "...The announcement was made by the Ministry of Labour (Mitrab), which forms part of the Tripartite Committee on the Minimum Wage, and it was reported that ratification was given to the measure as there was no opposition on the part of members of the body, which includes the union of employers and trade unionists. "

More on this topic

Nicaragua: 10% Hike in Minimum Wage

March 2018

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.

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. 

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. 

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.

Private Sector Salaries in Costa Rica up 2.35%

July 2014

Opposed by employers, the government approved the salary adjustment which will be effective in the first half of July 2014.

With the backing of the government and the unions approval as given to the pay adjustment for the second half of the year, which according to the Ministry of Labour, was a "...

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