Wednesday, May 8, 2024
Tags Posts tagged with "Unions"

Tag: Unions

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...

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...

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...