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

El Salvador Protesters Demand End to Bukele’s State of Emergency

Hundreds of demonstrators took to the streets of San Salvador on Sunday, calling for an end to President Nayib Bukele's state of emergency. The...

Infantino Says Football Is Growing Exponentially in Nicaragua

FIFA president Gianni Infantino said football is growing “exponentially” in Nicaragua, a country he visited ahead of a Concacaf congress on Sunday and where...

Costa Rica Faces Job Losses as Amazon Slashes Thousands in Global Overhaul

Amazon confirmed that its latest round of job cuts has reached Costa Rica, where the company operates one of its largest hubs outside the...

Costa Rican Artists Warn of Authoritarian Threats in Pre-Election Video

Over 30 Costa Rican artists have released a video titled "Voces por la democracia" to speak out against authoritarian threats facing the country. The...

Costa Ricans Keep Election Ballots at Home in Rare Trust Based Voting System

In her living room, Priscilla Herrera safeguards, alongside Vaquita, her mixed-breed dog, hundreds of ballots for Sunday’s elections in Costa Rica, where citizens are...

Costa Rica President Halts Medical Profile Decree Over Surgery Dispute

President Rodrigo Chaves has put a hold on publishing a decree that sets clear limits on what general practitioners can do in Costa Rica....
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