Sunday 13 June 2021

Government Decrees 0.94% Increase in Minimum Wage For Second Half of The Year

This caricature by CRhoy.com exemplifies the reaction by the public sector worker.
This caricature by CRhoy.com exemplifies the reaction by the public sector worker.

(QCOSTARICA) The government this week announced the private sector minimum wage hike for the second half of the year, in effect starting July 1.

By government decree, the increase is 0.94% across the board for all job classifications, save for domestic workers whose salary hike is 1.04%.

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In real terms, the increase is ¢904 colones for every ¢100,000 colones.

For example, a college graduate with a minimum monthly salary of ¢609,355 colones, will take home an extra ¢8,597 colones starting in July. For a domestic worker (maid) the minimum monthly salary, according to the Ministry of Labour (Ministerio de Trabajo) minimum salary table, increases to ¢170,901 from ¢169,142 or an extra ¢1.759 colones.

For the first half of the year (January to June), the increase was 2.1% and 2.5% for domestic workers.

The private sector union is none to happy.

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They had requested an increase of between 1.46% to 5%.

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FACT CHECK:
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Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

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