No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePrivate-sector salary increase goes into effect Monday

Private-sector salary increase goes into effect Monday

As of Monday, all private-sector workers  will receive a 3.65 percent increase in wages.

The hike was set last October by the National Salary Council even though labor union representatives voted against the proposed figure.

They asked for a salary hike of 4.06 percent, plus an extra 2 percent for workers receiving minimum wage, but the Council made the final decision.

The increase is the highest in the last two years and was fully supported by employer chamber leaders.

The raise will take effect from January 1. However, the law allows employers who cannot cover it immediately to pay on the last day of the month.

Private-sector workers total more than 1.2 million, almost 85 percent of Costa Rica’s workforce, according to government figures.

Trending Now

Costa Rica Reaffirms Sport Hunting Is Illegal and Penalties Apply

Costa Rica’s ban on sport hunting is not new, and it is not something that “went into effect this week.” It has been law...

Oil Price Surge from Middle East Conflict Raises Concerns for Costa Rica’s Economy

Oil prices climbed sharply this week as fighting in the Middle East intensified, with U.S. and Israeli strikes on Iran prompting retaliatory actions that...

Questions Rise Over Visas and Security before FIFA’s 2026 World Cup

Donald Trump's brutal immigration crackdown, polarized politics and a war unleashed on Iran have tarnished the global image of the United States just under...

Guatemala Attorney General Porras Fails Bid for Constitutional Court Seat

Guatemala's sanctioned Attorney General Consuelo Porras fell short in her attempt to secure a position on the Constitutional Court, receiving no votes in the...

Dubai ATP Fallout Players Stuck After Iran Strikes Ground Flights Across the Gulf

A group of ATP players and staff were left stranded in Dubai this week after regional airspace closures and flight cancellations followed Iran’s missile...

Celso Gamboa Admits He Met DEA Undercover Agents and Informants

Former Public Security Minister and Supreme Court magistrate Celso Gamboa Sánchez admitted he held at least two meetings with undercover agents and DEA informants....
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica