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

Heavy Military Security Surrounds El Mencho Burial in Mexico

Soldiers, National Guard troops and police formed rings of security around a funeral home and cemetery as the body of alleged Jalisco New Generation...

Last Cuban doctors leave Honduras amid Trump pressure

The last contingent of Cuban doctors still in Honduras departed this Thursday after the agreement under which they had operated in the country for...

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...

Cities in Honduras and Guatemala ban Therian Meetups

At least eight cities in Honduras and Guatemala have announced over the past week that they are banning gatherings of so called “therians,” a...

Guatemala Court Vote Deals Blow to Arévalo’s Push for Judicial Reform

The reelection of a magistrate accused of favoring criminals to Guatemala’s highest court once again delayed hopes of dismantling an alleged judicial network where...

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...
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