Nicaragua – Increase in minimum wage for 2020
By Mario Novoa and Edgard Torres February 12, 2020 On February 6, 2020, Nicaraguan Ministry of Labor issued the Ministerial Agreement number ALTB-01-02-2020, which establishes that as of March 1, 2020, a new adjustment of 2.63% will be applied to the minimum wage applicable in Nicaragua. The National Minimum Wage Commission, formed by the Government Read More