Government Increases Private Sector Salary by 3.78% in Costa Rica

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    The Costa Rica News (TCRN) – The Costa Rican government declared a 3.78% wage increase for the first half of 2014, a percentage that is a compromise between workers and employers request.

    As part of the negotiations within the National Wages Council, representatives of workers last week had requested an increase of 3.96%, while employers proposed 3.60%.

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    The increase will come into effect on January 1, 2014.

    The president of the Costa Rican Union of Chambers and Associations of Private Enterprise (UCCAEP), Jaime Molina, said in a statement that the proposal of the employers was “responsible” and sought to avoid an impact on unemployment in the country, which is about 10%.

    In Costa Rica, the government sets wage increases for every year for both the private sector and the public, but at separate times. (EFE)

    The Costa Rica News (TCRN)

    San Jose Costa Rica

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