No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessPrivate sector employers propose 1.62 percent salary increase for 2015

Private sector employers propose 1.62 percent salary increase for 2015

Business leaders on Monday evening sent the National Wages Council a proposal for a 1.62 percent increase in private-sector salaries across all job categories.

“We strongly believe the next increase should be the same for all job categories, instead of separate amounts, as was approved the last time around. That type of increase causes problems,” Luis Mesalles, president of the Union of Private-Sector Chambers and Associations (UCCAEP), said.

Labor representatives last week submitted a proposal for increases ranging from 2.91-4.58 percent, depending on worker’s salary level. That calculation takes into account 1.9 percent projected inflation for next year plus 0.9 percent projected gross domestic product growth.

“We believe the employers’ proposal falls short, … and we expect the government to propose an increase closer to the reality of the cost of living,” Édgar Morales, a spokesman for the National Workers’ Union, said on Monday evening.

Labor Minister Víctor Morales will submit the government’s proposal next Monday. The same day, the National Wages Council will determine the salary increase, which will take effect on Jan. 1.

The last wage increase for 1.2 million workers in the country’s private sector was approved last July.

Trending Now

Costa Rica Forms First Symphony Orchestra With Only Women Performers

Costa Rica now has its first symphony orchestra that consists exclusively of women. The Sistema Nacional de Educación Musical assembled the ensemble as part...

Costa Rica Installs First Sun Meter to Cut Skin Cancer Risk

The College of Physicians and Surgeons installed the country’s first solmáforo at its Sabana Sur headquarters as a pilot project to promote daily protection...

Sloths and Tapir Among Animals Saved in Costa Rica Anti-Trafficking Operation

Costa Rican authorities rescued five sloths and other wild animals in an anti-trafficking operation in the Northern Zone. The Deputy Environmental Prosecutor's Office led...

Drone Video Captures Massive Dolphin Pod Moving Past Drake Bay in Costa Rica

A drone video showing a massive pod of dolphins moving just offshore of Bahía Drake on Costa Rica’s Osa Peninsula has gone viral on...

Djokovic says Alcaraz equipped to extend winning streak

Novak Djokovic believes world number one Carlos Alcaraz has what it takes to keep his 2026 winning streak alive, and the Serbian star who...

How the 2026 San José Marathon Affects Visitor Travel in Costa Rica

Organizers expect 5,000 runners from Costa Rica and abroad to hit the streets for the BCR San José Marathon on June 7. The event...
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