The National Minimum Wage Council is a body under the Ministry of Labour, and is composed of seven members, two of which represent the employment sector, two the workforce and three represent the government sector.
The agreement has to be sent to the President for ratification and will be implemented in one single phase in contrast to the policy of previous governments.
The Technical Secretary to the Presidency, Alexander Segovia, noted that the minimum wage increase will have a positive effect on real wages, as long as they are adjusted for inflation.
Source: Presidencia de la República El Salvador
More on this topic
May 2011
With the approval by the Executive, an 8% increase in the minimum wage will come into force on May 16.
The agreement reached by employers, unions and government representatives, on 28 April, is waiting for ratification by the president in order to be implemented.
An article in LaPrensa Grafica on its website outlines previous changes; since 2006 there have been four increases in the minimum wage, one per year up to 2009, of 10%, 5%, 5% and 8% respectively. In 2011 the rise was 8%
February 2011
As of February 28 an increase of 7% will be put in place, and another 6% during the second half of the year.
The increase was defined by a tripartite commission composed of government, unions and the private sector and it applies to the eight sectors of the economy.
"The National Minimum Wage Commission ratified the 8% salary increase for micro, small and medium enterprises (MSME)", states the article in Laprensa.com.ni.
March 2012
Business owners, unions and the government reached an agreement to increase the basic salary of urban workers in most sectors by 12.5% and by 13% for farm workers.
Though he had previously announced the business association he represents would not participate in a meeting scheduled for today, Jose Adan Aguerri, president of the Higher Council of Private Enteprise (COSEP in Spanish), came back to the negotiating table in the last moment, what allowed all parts to make a deal.
January 2011
The Government passed a decree increasing wages between 13.75% and 14.88%.
Workers in the textile industry should receive 14.88% more salary, while those in other sectors 13.75%.
Alvaro Colom “approved the decree after the National Salary Commission (CNS), composed of businessmen and worker union leaders, failed to reach an agreement during 2010”, explained EFE.
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