No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePrivate Sector Salaries To Increase 6.3%

Private Sector Salaries To Increase 6.3%

GOVERNMENT officials, businessrepresentatives and unions agreedMonday to a 6.3% increase for minimumwages in the private sector starting inJanuary 2006.With the increase, minimum dailywages for bus drivers, carpenters andmasons will increase from ¢4,802 ($9.82) to¢5,104 ($10.44), the daily La Nación reported,while monthly minimum wages for secretariesand sale agents will increase from¢146,367 ($299.32) to ¢155,588 ($318.18).The increase will cover the cost ofinflation, plus a slight additionalincrease, according to Labor MinisterFernando Trejos.The minister said the government isonly obligated to give a 5.97% increase,because, although inflation is expected toreach 6.41% for the second semester, asalary increase granted in June for 7.3%exceeded the 6.86% actual inflation for thefirst semester. Therefore, the 6.3% increaseapproved this week, coupled with the earlier7.3% increase, will more than accountfor annual inflation by the end of the year,Trejos said during his increase proposal tothe National Salary Council (CNS).The council, made up of nine representativesof business chambers, workersand the government, approved theincrease unanimously.Approximately 1.4 million peoplework in the private sector, but theincrease is only obligatory for those whoearn minimum wage. This will be the lastprivate sector salary increase before theFebruary 2006 elections.Labor union representatives have saidthey want to change the formula by whichprivate salary increases are awarded, tobetter align them with the rising cost ofliving – including food, utility and gasolineprices – rather than inflation alone.

Trending Now

Costa Rica Makes Forbes 2026 List of Best Places to Retire

Costa Rica has again been named one of the world's best places for Americans to retire, appearing in the 2026 edition of the Forbes...

U.S. Citizen Found Dead in Guanacaste as OIJ Investigates

The Judicial Investigation Agency is treating the death of a 75-year-old U.S. citizen found in Cabo Velas, Santa Cruz, as an apparent homicide possibly linked to a robbery at the property.

Costa Rica’s Economy Slows as Central Bank Warns of El Niño Risk

Costa Rica's Central Bank has lowered its growth forecast for this year, pointing to a climate shock that has already begun to weigh on...

Serena and Venus Williams Set for Cincinnati Open Doubles Return

Serena and Venus Williams will play doubles together for the first time since 2022 after the Cincinnati Open handed the sisters a wildcard into...

Costa Rica Ends Virtual Court Hearing Agreement for Prisoners

Costa Rica’s Justice Ministry has ended its agreement with the Judicial Branch to conduct virtual court hearings from prison, a decision that could require...

Novak Djokovic Returns to Cincinnati With US Open History at Stake

Novak Djokovic will return to the Cincinnati Open in August, choosing one final hard-court tournament before resuming his pursuit of a record 25th Grand...

FIFA’s Plan to Sell World Cup Stakes Lands on Costa Rica’s Desk

Costa Rica's football federation has aligned itself with regional pushback against FIFA's plan to bring private investors into the ownership of its commercial operations,...

Boston Scientific Confirms Costa Rica Layoffs in $800M Plan

Boston Scientific has confirmed that its Costa Rican operation forms part of a global restructuring program that sets aside as much as $300 million...

Jabiru Count Brings Hope for Costa Rica’s Threatened Wetlands

Costa Rica’s latest national jabiru count recorded nine active nests and 19 chicks during the 2026 breeding season, offering cautious hope for one of...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel