No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessSalary increase for private sector set at 2.35 percent with a little...

Salary increase for private sector set at 2.35 percent with a little extra for minimum-wage earners

The National Wages Council on Tuesday evening approved with six votes in favor and three against an increase of 2.35 percent for 1.2 million workers in the country’s private sector. The percentage increase will apply to salaries for the next six months.

In addition to the 2.35 percent that will be applied starting this month, the council also approved an additional ₡5,000 ($9.25) per month for unskilled workers and those earning minimum wage, bringing the increase for the lowest-paid sector to 4.22 percent.

Minimum wages in Costa Rica vary according to profession and are set by the Labor Ministry. (Download a table of minimum wages by trade for the first quarter 2014 here.)

The six votes in favor came from government and union representatives while employers voted against it, issuing a counterproposal of 3 percent increase for all workers, which was immediately rejected.

Shirley Saborío, a member of the Costa Rican Union of Private Sector Chambers and Associations, opposed the deal and said the increases “could generate more unemployment.”

Union representatives said they are satisfied with the figure and the expeditious manner in which an agreement was reached with the government.

“We must recognize that this administration succeeded in its first salary negotiations, and – at least this time – they passed a first major test in this area despite our initial doubts,” the National Association of Public and Private Employees said in a statement on Wednesday morning.

The closed-door negotiations took place at the Labor Ministry in San José.

Trending Now

Venezuela’s Maduro Breaks Silence From Brooklyn Prison After US Arrest

Deposed Venezuelan president Nicolás Maduro said he is doing well in a message published Saturday on social media, the first since he was captured...

Humanitarian aid flotilla arrives in crisis-hit Cuba

The first boat in a flotilla carrying medical supplies, food, and solar panels arrived in Cuba on Tuesday to help the island as a...

Human Rights Watch Urges El Salvador to End Bukele’s State of Emergency

The NGO Human Rights Watch (HRW) called on the government of Salvadoran President Nayib Bukele to end the state of emergency it has maintained...

500 Prisoners Die in El Salvador Custody During Bukele Anti-Gang Crackdown

A Salvadoran human rights organization says at least 500 people have died in state custody since President Nayib Bukele launched his anti-gang offensive four...

Rybakina Rallies into Miami Open Semifinals and Sets Up Blockbuster Clash

Elena Rybakina produced the headline result at the Miami Open, fighting back from a set down to beat Jessica Pegula 2-6, 6-3, 6-4 and...

Costa Rica Launches First App to Identify Venomous Snakes

Costa Rica now has its first mobile app designed to help people identify venomous snakes and respond to bites. The Clodomiro Picado Institute at...
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