Salaries in Central AmericaFriday, August 14, 2015 In recent years, Nicaragua has characterized as the country with the highest wage adjustments in the region, even above inflation, averaging 6.8% a year. Elnuevodiario.com.ni reports that "... Of all the countries in Central America the market wage adjustment made by make small, medium and large companies for their employees each year has been the highest in Nicaragua with an average of 6.8%, even above the projected inflation for this year which is 5.5%, according to a survey carried out by Pricewaterhouse Cooper. " Guatemala: Minimum Wage Unchanged in 2021Monday, January 4, 2021 Arguing that the economic and social effects of the covid-19 pandemic in the country have been considerable, the local authorities decided that during 2021 the minimum wage will not be increased. In no case will workers be able to have a salary lower than that set in Governmental Agreement 250-2020, which goes into effect as of January 1, 2021, the statement from the Ministry of Labor and Social Security points out. ¿Are u well paid? Make the comparison with the salaries of executives in Central America.Tuesday, September 16, 2008 The gaps among salaries from Guatemala, Panama and Costa Rica are disappearing. When observing the current Pricewaterhouse Coopers study there are some conclusions that stand out. Employers Place More Value on Those Who Say ‘No’Tuesday, November 15, 2011 In terms of salary, knowing when to say no to the boss has its advantages. In her article for CNNexpansión, journalist Ivonne Vargas analyses the results of an investigation conducted by the United States Management Academy. Honduras: Rise in Minimum Wage in EffectFriday, January 13, 2017 The increase that applies to companies with 50 to 150 workers on their books is 5%, and for companies and with more than 150 employees, the setting is 6%. From a statement issued by the President of Honduras: State Virus Spreads Through Central AmericaThursday, October 15, 2015 In Guatemala people are now suffering from the "labor agreements", which come from the same strain of virus as the "Collective agreements" which have made the State Costa Rica sick, distorting the labor market and generating inequality. EDITORIAL Nicaragua: 8.25% Rise in Minimum WageFriday, February 17, 2017 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. 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%. Salary Census in GuatemalaThursday, November 26, 2009 A poll conducted by Pricewaterhouse revealed that 68% of companies plan salary increases for 2010. The remaining 32% answered they are not planning raises for 2010. Nicaragua: General Minimum Wage Up 9%Thursday, January 21, 2016 Through a tripartite agreement an adjustment to the minimum wages in all sectors was established at 9% , and 8% for SMEs. The announcement made by the Ortega administration, in agreement with unions and the business sector, establishes an increase of 9% starting from this year. Guatemala: Rise in Minimum WagesMonday, January 4, 2016 The rise is 4% for workers in the agriculture and non-agriculture category, and 3.5% for the export and maquila sectors, and will be effective from January 1, 2016. From January 1st, the minimum wage will increase by 4% for workers in agriculture and non-agriculture sector, and 3.5% for workers in the export and maquila sector, according to Government Agreement 303-2015, which was published in the official newspaper. 5 Tips for Women to Take Control of their SalariesFriday, March 12, 2010 The usual reasons for pay and position inequity are childcare, lower starting salary and bosses making assumptions about their goals. If you intend to increase your value to your employer, take control of your own career. A Salary is not Just MoneyWednesday, February 29, 2012 More than money itself, employees express more affinity and give more to those jobs where they manage to make an important connection with their environment. The emotional power of salaries Panama: State Expenditure UpMonday, July 24, 2017 The value of salaries for public employees increased by almost $80 million between June 2014 and April this year. "... The payroll of employees in state institutions has not stopped growing in terms of number of employees and in salaries since 2014. Figures compiled by the Office of the Comptroller General of the Republic indicate that in June 2014, salary expenses were around $215 million, while in April this year the figure was $291 million." El Salvador: 15% Increase in Minimum WageThursday, June 2, 2016 The increase will be staggered: 5% from June 1, 2016, 5% from June 1 2017, and 5% from June 1 2018. From a statement issued by the ANEP: Panama: 8.5% Increase in Minimum WageMonday, January 4, 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. |
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