Private-sector salary increase goes into effect Monday

December 28, 2012

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.

You may be interested

Looking back at Hurricane Maria: the initial impact
Weather
266 views
Weather
266 views

Looking back at Hurricane Maria: the initial impact

John McPhaul - December 12, 2017

As Costa Rica joins many other nations in looking back upon the devastating 2017 hurricane season, longtime Tico Times contributor…

Cold front claims fourth victim in Costa Rica
Weather
2211 views
Weather
2211 views

Cold front claims fourth victim in Costa Rica

Katherine Stanley - December 12, 2017

High winds claimed the life of a fourth victim in Costa Rica as the cold front that has been moving…

With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalie
Keylor Navas
674 views
Keylor Navas
674 views

With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalie

AFP - December 11, 2017

Real Madrid's first foray into the January transfer market will be to snap up Athletic Bilbao's promising goalkeeper Kepa Arrizabalaga,…