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%

More on this topic

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.

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 ...

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%.

Adjustment to Minimum Wage in Nicaragua

August 2012

Starting on the first of September the minimum wage will increase by between 4% and 6% depending on the sector.

The adjustment will be 4% for the micro and small crafts sector, as well as for the tourism activity. For the remaining companies, the required increase will be 6%.

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Automotive and Industrial Oil Lubricants

OEHC Lubricantes cover the automotive, maritime, heavy equipment, industrial, agriculture sector and greases.
Minimum quantity one 40 FT Container (96 drums of 55 Gal...

Stock Indexes

(Mar 22)
Dow Jones
S&P 500


(Mar 23)
Brent Crude Oil
Coffee "C"