No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePrivate Salaries Increase 7.3%

Private Salaries Increase 7.3%

THE minimum wage for employeesof private institutions will increase by7.3% starting July 1, the National Councilon Salaries decided this week.With the increase, the minimum dailywage for bartenders, bus drivers, tourguides and gardeners will increase to¢4,802 ($10.11) and the minimum monthlysalaries for guards and receptionistswill increase to ¢136,242 ($286.83), thedaily La Nación reported.Approximately 1.5 million peoplework in the private sector.The increase is valid for the secondsemester of the year and was reached as aconsensus between the government,unions and business owners.Business owners had offered a 7.26%increase while unions, including theNational Association of Public and PrivateEmployees (ANEP), were asking for a10.75% increase.Inflation from January to May was6.37%; an additional 0.65% inflation isexpected for June. Unions also projected3.22% for the final six months of the year,leading to their request.However, the National SalaryCouncil does not currently take intoaccount future inflation projections inminimum wage increases, although officialsare considering a change, LaNación reported.Labor Minister Fernando Trejos saidresponsible companies should also providethe salary increase to employeeswho make more than the minimumwage, although the law does not requiresuch a step.The last salary increase for privateemployees was 6.82% and went intoeffect Jan. 1.

Trending Now

Budget Travel Options Expand with Frontier’s Houston to Central America Flights

Frontier Airlines has launched new nonstop flights from Houston to key Central American cities, offering lower fares for U.S. travelers and stronger links across...

Costa Rica Snake Prevention Tips for Homes and Gardens

Wanting to be close to nature is probably among the top five reasons that many folks from other countries cite when they decide to...

Costa Rica’s La Vuelta returns with international teams and a descent into San Isidro

Every December Costa Rica celebrates its strong bicycling roots with La Vuelta, a 10-stage cycling race that challenges riders with its mix of hill...

Costa Rica Welcomes More Tourists in November

Costa Rica saw a notable increase in tourist arrivals last month, providing a boost to an industry that has faced uneven performance throughout the...

Costa Rica President Chaves Retains Immunity in Electoral Probe Vote

President Rodrigo Chaves sidestepped a potential removal from office for the second time this year when lawmakers turned down a bid to strip his...

What to Know About Costa Rica’s Gordo Navideño Lottery

Today marks the day thousands across the country have waited for: the draw of the Gordo Navideño 2025. Run by the Junta de Protección...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica