American Expatriate Costa Rica

Businessmen propose a salary increase of 2.53% for next year

The country’s private entrepreneurs proposed that next year all workers in the sector receive an average increase in wages of 2.53%. This was stated on Monday by the Costa Rican Union of Chambers and Associations of Private Enterprise (Uccaep) before the National Wages Council.

The amount would apply to all those workers who receive the minimum wage. For domestic servants the increase would be just 2.33%.

The calculation is due to the percentage of annual inflation for September of this year, which is 2.53%.

It is clear that the current economy is not in a period of thriving production and that the business sector does not present a favorable environment to say that it has it, mainly in those sectors where salaries close to the minimum wages are mostly paid: the agricultural sector, construction and the commercial sector, which have shown decreases in their production levels, practically throughout this year. For this reason, the business sector believes that there are no necessary conditions to grant increases to minimum wages for productivity,”

said Uccaep president Gonzalo Delgado.

The country’s economic growth is modest, at just 1.6% according to the most recent indicator released by the Central Bank. There are sectors such as construction and commerce that are in frank recession.

crhoy.com