Tag: MITRAB
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...
Christmas Bonus – Aguinaldo and the Labor Code of Nicaragua
The announcement that state workers will receive their Aguinaldo early (on the 17th of November 2021) has brought forward the subject of the Christmas...
Independence Day Statutory Holidays – Bicentennial Year
The 14th and 15th of September are Independence Day Statutory Holidays (feriados) in Nicaragua. This year the celebration is particularly special as it's the...
