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

United States seeks Homeland Security offices in Ecuador

The United States is interested in establishing offices of its Department of Homeland Security at “strategic” facilities in Ecuador, where the head of that...

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...

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...

Spine-Tingling Costa Rican Folklore Tales

Some of these legends pack a frightening punch; other tales are downright wacky (i.e. el Macho Chingo).

UN Chief Warns of Moral Failure as COP30 Tackles Missed Climate Goals

UN Secretary-General Antonio Guterres called out world leaders for missing the 1.5C climate target, labeling it a moral failure and deadly negligence during a...
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