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 Coffee Braces for Lower Payments and Possible Losses

Costa Rica coffee producers need to prepare for a difficult period in 2026. The Coffee Institute of Costa Rica (ICAFE) issued the warning as...

La Pavona Pier in Costa Rica Hits Key Milestone Ahead of May Delivery

Construction of the La Pavona Tourist and Neighborhood Pier moves forward on the banks of the La Suerte River in Cariari. The project supports...

Emma Raducanu Looking for a New Tennis Coach

Emma Raducanu insists she is in no rush to find a new coach as the former US Open champion looks to revert to a...

Costa Rica’s Strong Colon Is Forcing Central Bank Action

The Banco Central de Costa Rica (BCCR) has ramped up its foreign exchange purchases this year to counter the colón's ongoing appreciation against the...

DHS backtracks on TSA PreCheck suspension as Global Entry remains in limbo

The U.S. Department of Homeland Security (DHS) has not shut down TSA PreCheck lanes at U.S. airports, after a brief, fast-moving sequence of announcements...

Costa Rica Flights Disrupted by US East Coast Snowstorm

A major winter storm pushing blizzard conditions across the U.S. Northeast is forcing widespread flight cancellations at airports that many Costa Rica travelers use...
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