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

WTA Crowns Gauff-Zheng Rome Semifinal as 2025 Match of the Year

The WTA has named the grueling Rome semifinal between Coco Gauff and Qinwen Zheng as its 2025 Match of the Year, a fan-voted honor...

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...

President Chaves’ Political Future Hangs on Costa Rica Immunity Decision

President Rodrigo Chaves stands before a critical test today as lawmakers convene to decide on lifting his immunity, opening the door to an investigation...

Costa Rica’s OIJ Identifies Fugitive Suspect in Quepos Couple Murder

Judicial authorities have identified and publicized the face of the remaining suspect linked to the brutal slaying of a European couple in this coastal...

Guatemala restricts civil rights in indigenous region after deadly shootings

The government of Guatemala has restricted some civil rights for fifteen days in the Indigenous region where five people were shot dead on Saturday,...

Roger Federer Returns to Australian Open for Star-Studded 2026 Launch Event

Tennis fans around the world got a surprise boost on Friday when Australian Open organizers announced that Roger Federer would make a triumphant return...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica