Tuesday, May 7, 2024
Tags Posts tagged with "MITRAB"

Tag: MITRAB

May 1st Holiday in Nicaragua is the Day of the Workers

Wednesday May 1st 2024 will be the Day of the Workers (Día de los Trabajadores) Statutory Holiday in Nicaragua and is one of two...

Minimum Wage 2024 Consensus Reached: 10.1% Increase

This year’s minimum wage discussions went down to the wire and it needed the extra Leap Year day this February to get the result. However,...

Minimum Wage Review 2024 – Update

At the fourth meeting of the Minimum Wage Commission last week in the nation’s capital of Managua, seven proposals were being discussed from various...

Christmas Holidays for State and Private Workers

Nicaraguan state workers will receive 16 days off for this Christmas and New Year Holidays including the two seasonal holiday days. State Workers Vice President Rosario...

Mother’s Day is May 30th in Nicaragua

Mother’s Day in Nicaragua is celebrated on May 30th and is known as “Día de las Madres”. It is the culmination of the “Month...

Minimum Wage Up 10% – Wage Commission Agreement

Alba Luz Torres (Minister of Labor) has announced that a consensus was reached today in the triparty minimum wage negotiations and as a result...

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...

Aguinaldo or Thirteenth Month (Christmas Bonus)

In Nicaragua the Aguinaldo (Christmas Bonus) is colloquially known as “The Thirteenth Month” and is a mandated extra month’s salary paid to the employee...

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...