Nicaragua: No Deal on Minimum Wage

The Ministry of Labor will define the wage adjustment in the absence of an agreement between the private sector and trade unions.

Friday, March 14, 2014

In the last meeting on 13 March the parties were not able to reach an agreement. The private company proposed an increase of 9%, while unions demanded an adjustment of between 10% and 14%.

Freddy Blandon, representative of the Superior Council of Private Enterprise, Cosep noted that "... the government must be very responsible with the decision it makes, and set minimum wages in line with the economic reality of the country."

Bayardo Arce, economic adviser to the president, told that "in the state, we are now establishing a pattern, a salary adjustment ranging from 5% to 11%, and do not think the government will order an that is less than 5% or greater than 11%. "

More on this topic

Construction Paralyzed in Panama

April 2018

Unions and business leaders are still in negotiations to end the strike that has been going on since last Wednesday, affecting all construction projects in the country, including the expansion of Tocumen and Metro Line 2.

The work stoppage has affected almost 100% of the works under construction in the country, from private projects to other state run projects, such as the expansion of the Panama City airport and expansion of the Metro. 

Development, Democracy and Financial Education

December 2015

The more financially educated people are, more rational their economic and political decisions are, creating greater economic development and better quality of life in society.


This fact is clearly indicated by the results of a comprehensive study by McGraw Hill Financial on financial literacy, which is defined as the ability to understand how the money in the world works, what to do to earn it, and how it is administered.

Nicaragua: Review of Wages in Construction Sector

June 2014

Unions and employers are negotiating an adjustment in salaries and a revision in the prices of the different types of jobs performed by workers.  

Businesses are demanding adjustments are accompanied by higher labor productivity and are concerned about the growing number of construction companies that are moving into informality, however, they are confident that the agreements will be made as expeditiously as in the past three.

Drop in Unionization in Guatemala

November 2012

Only 1.6% of the economically active population is affiliated with a labor union.

Details of a report by the Association for Research and Social Studies (Asies) indicate that in 2010 the total membership of unions was 92,877, of which 77,394 belonged to state institutions.

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