Tag: Minimum Wage
Minimum Wage Talks Progressing
The third round of minimum wage talks were held last week. To date, no less than five different proposals are on the table and...
Minimum Wage Commission – 2023 Review
It’s time once again for Nicaragua's Minimum Wage Commission to hold its usual minimum wage review in anticipation of any increase being voted on...
New Minimum Wage Contract for Zona Franca Sector
Yesterday, Friday the 21st of October 2022, a New Minimum Wage Contract for the Tax Free Zones was signed between businesses, workers representatives and...
Nicaragua Minimum Wage Raise 7% by Tripartite Agreement
As was anticipated at the end of last week’s minimum wage discussions, this morning’s meeting produced a consensus among the tripartite wage commission resulting...
Minimum Wage Discussions. Two proposals on the table.
Round two of the minimum wage discussions took place yesterday, Thursday the 27th of January 2022 and the first proposals of these talks have...
Minimum Wage Commission 2022 Nicaragua – First Meeting
The first meeting of the Minimum Wage Commission 2022 took place this week and on the agenda was a review of financial information from...
Zona Franca Employees – 8.25% Wage Increase Jan. 1st, 2022
Almost 130,000 Zona Franca (Tax Free Trade Zones) employees will receive an 8.25% raise starting on January 1st, 2022.
It’s the last year of the...
Minimum Wage Increase in Nicaragua – March 1st 2021
It took until the last of seven scheduled weekly meetings for the tri-party Minimum Wage Commission to come to a consensus, however; today an...
