No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessNew wages for private-sector workers take effect this month

New wages for private-sector workers take effect this month

The 2.01 percent salary increase approved in October by the National Wages Council went into effect on Thursday and will remain in place for the first six months of this year.

The wage increase, which applies to all job categories except domestic workers, was lower than the rate requested by union leaders, who had asked for hikes ranging from 2.91-4.58 percent. For domestic workers the Council approved a 2.5 percent increase.

The approved rate corresponded to the original proposal presented by government officials during a hearing at the Labor Ministry.

Union leaders, however, said at the time that they were “outraged by the approved percentage.”

“Representatives of all three workers’ unions voted against it,” said Édgar Morales, leader of the National Union of Workers. “This does nothing to improve the situation for workers or to boost the country’s economy, since higher salaries would have translated into more purchasing power.”

The approved hike is significantly lower than that authorized for the first semester of last year, when private-sector workers received a 3.78 percent increase.

See the full list of minimum wages as of Jan. 1 here (Spanish only).

Trending Now

The University for Peace, established by the United Nations, launches global scholarship call for its 2026 Diploma Programs

Through May 15th, individuals from around the world can access diploma programs that add a distinct competitive edge to their professional profiles in an...

Marriott to Open World’s First All-Inclusive JW Marriott in Costa Rica

Marriott International will open the JW Marriott Costa Elena Resort & Spa, All-Inclusive, in Costa Rica on September 10, marking the JW Marriott brand’s...

Costa Rican Angler Erika Sandi Makes History at the Offshore World Championship

Erika Sandi put Costa Rica in the spotlight after an outstanding performance at the Offshore World Championship, where she secured both the Top Lady...

Costa Rica swears in Laura Fernández Friday as second female president

Laura Fernández will be sworn in Friday, May 8, as Costa Rica's 49th president, succeeding Rodrigo Chaves at a ceremony that will mark several...

Costa Rica International Reserves Near Record $21 Billion

Costa Rica’s international reserves have climbed to one of the highest levels in our country’s history, nearing $21 billion and giving the Central Bank...

Costa Rica Central Bank Warns Dollar Decline Could Reverse

The president of the Central Bank of Costa Rica, Róger Madrigal, warned that the recent weakness of the U.S. dollar against the colón could...
L. Arias
L. Arias
Reporter | The Tico Times |
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel