No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePrivate-sector salary increase goes into effect Monday

Private-sector salary increase goes into effect Monday

As of Monday, all private-sector workers  will receive a 3.65 percent increase in wages.

The hike was set last October by the National Salary Council even though labor union representatives voted against the proposed figure.

They asked for a salary hike of 4.06 percent, plus an extra 2 percent for workers receiving minimum wage, but the Council made the final decision.

The increase is the highest in the last two years and was fully supported by employer chamber leaders.

The raise will take effect from January 1. However, the law allows employers who cannot cover it immediately to pay on the last day of the month.

Private-sector workers total more than 1.2 million, almost 85 percent of Costa Rica’s workforce, according to government figures.

Trending Now

Spirit Airlines Shuts Down Leaving Costa Rica Travelers Scrambling

Travelers heading to or from Costa Rica face sudden disruption after Spirit Airlines announced early Saturday it is shutting down all operations and liquidating,...

Habitat Loss Threatens Costa Rica’s Native Monkey Species

Costa Rica’s native monkeys are facing growing pressure as forest loss, coastal development, and habitat fragmentation push several species toward local extinction. Three of...

Costa Rica’s Corcovado National Park Faces Pressure Over Tourism Growth

Corcovado National Park, one of Costa Rica’s most important protected areas, is again at the center of a debate over how much tourism its...

Costa Rica Expands Marine Conservation Payments to Protect Hammerhead Sharks

Costa Rica is moving to expand its payment-based conservation model into open-water marine protection, with a new program being designed to reward the protection...

Latin American Clay-Court Hopes Take Center Stage at Italian Open in Rome

The Italian Open is underway at the Foro Italico, and for tennis fans across Latin America, this year’s tournament offers more than the usual...

Costa Rica Awaits Laura Fernández Cabinet Announcement at Teatro Melico Salazar

Political attention in Costa Rica turns today to the Teatro Popular Melico Salazar, where President-elect Laura Fernández is scheduled to present the cabinet that...
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