No Salary Increases in Guatemala

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

Wednesday, June 3, 2009

Of the 150 companies surveyed, 41% are planning to make wage increases by an average of 8.6%.

Laprensalibre.com website published the results of the survey of 150 companies in Guatemala. The consultant Pricewaterhouse Coopers conducted its six-month review of the Business Labor Information System.

Leonel Días Zeceña wrote in his article: "The trend varies between national and multinational companies, since 80 percent of the national companies do not foresee a salary increase, while 60% of the international ones indicate that they will give an increase."

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