Thursday, March 5, 2026
Tags Posts tagged with "MITRAB"

Tag: MITRAB

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 payment paid to the employee by the...

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...

2022 Independence Day Holidays in Nicaragua

As always, the 2022 Independence Day Holidays in Nicaragua are on the 14th and 15th of September and are Statutory Holidays (Feriados). September 14th...

Mother’s Day Statutory Holiday Approved by Lawmakers

As previously stated in a recent Nica-Biz article on Nicaragua's Mother’s Day, the proposed Mother’s Day statutory holiday legislation, making Mother’s Day (Día de...

Official Labor Day Holiday is Monday May 2nd 2022 – MITRAB

The official Labor Day Holiday (Día Internacional de los Trabajadores) in Nicaragua falls on Sunday, May 1st, 2022. When an official holiday falls on a...

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...