No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveRuling on minimum wage for private sector expected July 1

Ruling on minimum wage for private sector expected July 1

 

Costa Rica‘s Labor Ministry offered a proposal for a minimum-wage increase for the private sector this week that aligns more closely with the position of employers than that of employees.
 
On Monday, June 21, Labor Minister Sandra Piszk proposed raising the minimum wage for employees by 4.2 percent.
 
Early last week, private-sector employees and private unions proposed a hike of between 6.7 and 7.2 percent.
 
Late last week, private employers and the Union of Private-Sector Chambers and Associations (UCCAEP) proposed a 3.96 percent boost in pay to the National Wage Council.
 
Employees claim that the government and private employers have been using an out-of-date formula from 1998 to calculate wages, and that a nearly 4 percent raise does not reflect the rate of inflation.
 
Press officials from UCCAEP denied the claim, and said that formulas are current and that 3.96 percent is a fair rate. Employers can offer more than a 3.96 percent increase if they wish, officials asserted.
 
The National Wage Council will consider each of the proposals and is expected to offer a final ruling July 1, at the start of the second half of 2010. The council’s approved increase would take effect immediately.

Trending Now

Costa Rica’s Laura Fernández Names Rodrigo Chaves Minister of Presidency

President-elect Laura Fernández named outgoing President Rodrigo Chaves as minister of the Presidency and minister of Finance on Tuesday, giving her predecessor one of...

Costa Rica Fuel Prices Jump as Drivers Face Higher Costs at the Pump

Fuel prices in Costa Rica rose sharply this week, adding another expense for residents, expats and tourists planning road trips across the country. The...

Marriott to Open World’s First All-Inclusive JW Marriott in Costa Rica

Marriott International will open the JW Marriott Costa Elena Resort & Spa, All-Inclusive, in Costa Rica on September 10, marking the JW Marriott brand’s...

Costa Rica on Track for First Sub-800 Homicide Year Since 2022

After three consecutive years hovering near or above 870 homicides, Costa Rica appears poised to break the cycle. The Organismo de Investigación Judicial (OIJ)...

Salvadoran Newspaper Says Bukele Froze Partners’ Assets After Documentary

The influential digital newspaper El Faro denounced on Thursday that the government of Nayib Bukele froze assets belonging to its partners in retaliation for...

Costa Rica Drivers Face Delays Near Tarcoles Bridge

Drivers heading between Costa Rica’s Central Valley and the Central Pacific should prepare for delays this week as the Tárcoles bridge on Route 34...
Avatar
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel