Deal sets private-sector raises at 3 percent

June 26, 2012

A dispute over government-regulated, private-sector wage hikes was settled Monday night by a majority vote in the National Wage Council that set mandatory biannual raises at 3 percent. Three government representatives and two labor members approved the agreement, while representatives for employers voted against it.

The percentage was recommended by the government last Thursday, and is higher than the 2.47 percent suggested by employers. The difference, 0.53 percent, adjusted for inflation for the last three months of 2011, as the last wake-hike rate was set in October.

The agreement also included a commitment to boost the rate an additional 0.56 percent in 2013 and 0.37 percent in 2014, as requested by unions.

This is the second wage hike to adjust for inflation, which is calculated by Costa Rica’s Central Bank.

Facebook Comments

You may be interested

Nicaragua calls Carlos Alvarado’s statements “disrespectful” and “intruding”
News
620 views
News
620 views

Nicaragua calls Carlos Alvarado’s statements “disrespectful” and “intruding”

AFP / The Tico Times - October 16, 2018

The Nicaraguan government described statements by Costa Rican president Carlos Alvarado about Nicaragua's “internal affairs” as “disrespectful” and “intruding.” The…

Transformational travel in Costa Rica: Turning the flat world round
Costa Rica
568 views
Costa Rica
568 views

Transformational travel in Costa Rica: Turning the flat world round

Alissa Grosskopf - October 16, 2018

The sound of roaring water and the fear in my body drown out the encouraging shouts of my group behind…

Children: the future of shark protection
Changemakers
480 views
Changemakers
480 views

Children: the future of shark protection

Alissa Grosskopf - October 16, 2018

The nonprofit organization Misión Tiburón is strongly engaged in the protection of hammerhead sharks in Costa Rica. They hope to…