NO to the Minimum Wage IncreaseWednesday, November 27, 2019 The coffee growers oppose the possibility that in El Salvador the minimum wage will be raised, because they assure that the price at which the grain is quoted at an international level, prevents them from paying higher wages. The National Minimum Wage Council (CNSM) began days ago to review the conditions for deciding whether or not to adjust the minimum wage. Nicaragua: Increase in Minimum WageFriday, August 18, 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. Guatemala: Increase in Minimum Wage in EffectTuesday, January 3, 2017 Starting from January 1, 2017 new rules are in effect which govern minimum wages for agricultural, non-agricultural, export and maquia activities. Government Agreement 288-2016 published in Diario de Centroamérica: 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%. 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. Nicaragua: Minimum Wage Rises 4.5%Friday, August 19, 2016 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. 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. 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. Bad Time to Standardize SalariesMonday, November 18, 2019 Costa Rican businessmen warn that the government's decision to standardize wages in 2020 will lead to more unemployment, affect workers with less education and reduce competitiveness even further. For the business sector is imprudent to approve and implement the wage standardization in 2020, since it will have a strong impact on productive sectors such as agriculture, trade, transport, tourism and construction, explains a statement from the UCCAEP. Minimum Wage Approved for 2020Monday, October 28, 2019 The 2.53% increase approved for the minimum wage for private sector workers in Costa Rica will be in effect from January 1 next year. With this increase, a messenger worker who has an Unskilled Occupation and earns today ¢309,143.36 ($518) per month will earn ¢316,964.68 ($531) as the minimum wage, the government said. 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: El Salvador: Government Maneuver to Increase WagesThursday, December 8, 2016 The private chamber of companies advise to be "alert to any arbitrary and autocratic decision regarding salary increases by the National Minimum Wage Council." From a statement issued by the Chamber of Commerce and Industry of El Salvador: Minimum wage rises 18% in NicaraguaFriday, September 26, 2008 The Government decreed an 18% raise in the minimum wage for government and private sector employee which should come into force on October 1. The new minimum wage for workers was unilaterally set for the first time by the Nicaraguan Executive after the other parties, unions and businesses, could not reach an agreement after 60 days of negotiations, the source said. Minimum wage: Employers Propose 2.53% IncreaseTuesday, October 22, 2019 For the minimum wage adjustment planned for January 2020 in Costa Rica, the business sector proposes a 2.53% general increase. The Unión Costarricense de Cámaras y Asociaciones del Sector Empresarial Privado (UCCAEP), representing the formal private business sector, submitted the salary adjustment proposal to the National Salaries Council. |
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