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 Dollar Exchange Rate Hits Historic Low as Central Bank Intervenes

The U.S. dollar has fallen to its lowest level in Costa Rica’s modern wholesale foreign-exchange market, increasing the squeeze on those residents who earn...

Costa Rica Lawmakers Challenge Sweeping State-Secrecy Order

Opposition lawmakers asked Costa Rica’s Constitutional Chamber today to immediately suspend a decree that places broad categories of government security information, including budgets and...

Costa Rica’s Route 32 Reopens After a Morning Landslide Shuts the Highway

Route 32 closed for about four hours Saturday morning after material fell on the San José-Limón highway. Here are the alternates and why the road can shut again.

Costa Rica Audit Finds 157 Unfinished Works and Safety Risks on Route 32

A new technical audit of the Route 32 expansion has identified 157 unfinished works, unstable slopes and road-safety problems along the highway connecting central...

Costa Rica Hands Macho Coca and Compadre to US Agents in New York Cases

Costa Rica surrendered two men wanted on United States drug trafficking charges to American agents on this morning, closing extradition proceedings that had run...

Costa Rica Closes Turrialba Volcano and Guayabo Monument Due to Heavy Rains

Two popular to visit in the Turrialba area have closed temporarily as continued rainfall and saturated ground raise the risk of landslides and other...

The Panama Canal Opened 112 Years Ago Today

Twelve years of digging, an estimated 27,500 deaths and roughly $375 million ended quietly on the morning of August 15, 1914, when a single...

Costa Rica Study Examines How Water-Resistant Sunscreen Affects Body Heat

Some water-resistant sunscreens may slightly reduce the body’s ability to cool itself during prolonged exercise in hot conditions, according to research conducted at the...

What the Caribbean Green Alert Means for Your Weekend Plans

If you are going to the Caribbean coast or the Northern Zone over the next few days, plan for rain and give yourself more...
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel