Littler Global Guide - Nicaragua - Q1 2022

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Minimum Wage Increase and Salary Adjustments for Several Sectors and Industries

Important Action by Regulatory Agency

Author: Francisco Cerda, Partner – BDS, Member of Littler Global

The National Minimum Wage Commission increased the minimum wage by 7% for various sectors, including: Agriculture, fishing, manufacturing, commerce, construction (mostly administrative employees), financial and insurance establishments, among others.

Additionally, the Ministry of Labor applied an adjustment of 9.28% to the salary per unit of time for carpenters, bricklayers, and shipowners in the construction industry, and an adjustment of 9% to the prices of the “Table of Prices for Piece Labor.” The increase is mandatory for any national or foreign company that operates in Nicaragua.

Information contained in this publication is intended for informational purposes only and does not constitute legal advice or opinion, nor is it a substitute for the professional judgment of an attorney.