No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessPrivate-sector employers offer 0.94 percent wage increase for second half of 2015

Private-sector employers offer 0.94 percent wage increase for second half of 2015

Business leaders on Monday filed two salary increase proposals for private-sector employees for the second half of this year. Employers submitted to the Labor Ministry’s National Wages Council a 0.94 percent increase proposal, which is lower than figures requested by unions last week. Union leaders on June 1 submitted proposals ranging from 1.46 to 5 percent.

Luis Mesalles, director of the Union of Private-Sector Chambers and Associations (UCCAEP), said the employer proposal is based on projected inflation for the second half of this year plus a compensation for variations registered in inflation during the same period in 2014.

“Increases in unemployment rates and the low level of economic activity in recent months prompted us to avoid measures that could result in greater job loss,” Mesalles said.

The National Agriculture and Agro-Industry Chamber submitted a second proposal asking for the suspension of all increases for the next six months, as a result “of the tragic situation” the sector is facing.

Temporary Labor Minister Alfredo Hasbum on June 10 will present the government’s proposal, and then representatives from the three sectors will vote on a final figure that will take effect on July 1.

The Wages Council last year approved a 2.01 percent increase that applied for the nearly one million private-sector workers, and a 2.5 percent increase for domestic workers.

Trending Now

Costa Rica Democracy Under Threat from Chaves-TSE Conflict

President Rodrigo Chaves has intensified his public feud with the Supreme Electoral Tribunal (TSE), drawing sharp rebukes from its leadership and raising alarms about...

Migrant nurses and physicians now critical to OECD health systems

Foreign-born doctors and nurses are becoming increasingly numerous in the health systems of developed countries, highlighted a report published Monday by the Organization for...

San José’s Best Neighborhoods For Travelers Per Lonely Planet

Our capital draws attention in a new Lonely Planet guide that points visitors toward its key districts. Writer Sarah Gilbert portrays the city, called...

Costa Rica Fast-Tracks $32 Million Mega-Prison Contract

The Costa Rican government has handed a major contract to build a high-security prison to Edificadora Centroamericana Rapiparedes Sociedad Anónima, known as Edificar. The...

Nicaragua Faces UN Scrutiny Over Human Rights Violations and Repression

A panel of United Nations human rights experts pressed the international community on Thursday to take action against Nicaragua's leaders, Daniel Ortega and Rosario...

How the U.S. Government Shutdown Disrupts Flights to Costa Rica

The U.S. Federal Aviation Administration has ordered airlines to reduce flights by 10 percent at 40 major airports starting tomorrow, as the ongoing government...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica