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.
Starting on the first of September the minimum wage will increase by between 4% and 6% depending on the sector.
Increases in the minimum wage effective for the next two years range from 5 to 7%.
The Government, private enterprise and workers agreed to a minimum wage increase of 8% for all sectors.
The National Wages Council agreed on Thursday to increase the minimum wage by between 4 and 8% starting January.
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