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

Popeyes Unveils Biggest Outlet in Costa Rica at Santa Ana Trade Center

Popeyes launched its biggest outlet today marking a key step in its local growth. The new spot sits in the Santa Ana Trade Center...

Costa Rican Artists Warn of Authoritarian Threats in Pre-Election Video

Over 30 Costa Rican artists have released a video titled "Voces por la democracia" to speak out against authoritarian threats facing the country. The...

Chile’s Kast Looks to El Salvador’s Model for Prison Security

Chile’s president-elect, José Antonio Kast, visited El Salvador’s mega-prison for gang members on Friday and asked President Nayib Bukele for “cooperation” to improve security...

Cold Surge to bring stronger winds across Costa Rica

Costa Rica is set to experience another noticeable shift in weather conditions as Cold Surge #14 moves into the Caribbean Sea, triggering stronger winds...

Costa Rica Voted for Change Now It Must Decide What Kind

The people have spoken. Laura Fernandez is our new president. The next four years in Costa Rica will be interesting. As the handpicked successor...

Costa Rica President-elect announces plan that points to a concentration of power

The president-elect of Costa Rica, the right-wing Laura Fernández, announced on Monday an ambitious plan to reform the state, which her critics say points...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica