Government Increased wages minimum wage salary Economics Honduran National Business Council Labor and Social Ministry National Wages Council (Costa Rica) Porfirio Lobo Sosa Presidencia de la República El Salvador Costa Rica Union of Private Sector Enterprises Ministry of Economy and Finance Panamanian Commerce Chamber Sandra Piszk Secretary of Labor (Honduras)

El Salvador: Minimum Wage Increase of 8% in Effect

With the approval by the Executive, an 8% increase in the minimum wage will come into force on May 16.

Monday, May 16, 2011

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%

Source: laprensagrafica.com

Key entities

Presidencia de la República El Salvador Labor and Social Ministry

Countries

El Salvador

Insight

Increased wages salary minimum wage Government Economics

Minimum wages increased in El Salvador

December 2008

The National Wages Council agreed on Thursday to increase the minimum wage by between 4 and 8% starting January.

Employees in the business and services sectors will get an 8% increase; that is they will go from a payscale of $192.30 to $207.68 ...

8% Wage Increase in El Salvador

April 2011

The Government, private enterprise and workers agreed to a minimum wage increase of 8% for all sectors.

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.

El Salvador: Salary increase being discussed

November 2008

Companies, workers and the government are discussing a new salary increase for the private sector; the initial proposal is for a 10% increase starting January 2009.

Sources close tot he Minimum Salary Superior Council who asked to remain anonimous indicated that the debate is already focused on those figures and terms, but that they are waiting for the Government representatives, and private workers unions to give the last word after internal consultations.

Minimum Wage Increase Approved in Honduras

January 2012

Increases in the minimum wage effective for the next two years range from 5 to 7%.

According to the agreement the percentage increases vary depending on the number of workers who work in companies. Where there are 1 to 50 the increase is 5.6%, from 51 to 150 it is 6.24% and for more than151 employees the percentage is 7.25%.

close (x)