Private employee salary hike set at 3.65 percent for Jan. 1

The Consejo Nacional de Salaries has fixed the increase in the nation’s minimum wages at 3.65 percent as of Jan. 1. The decision closely parallels the proposal that was advanced Monday by employers and Tuesday by the central Government.

The Ministerio de Trabajo y Seguridad Social estimated that the decision affects 1.2 million workers, about 85 percent of the labor force.

Sandra Piszk, the minister, said on the agency’s Web page that the Consejo uses a new methodology to arrive at the figure. A policy established in 1998 that recognized just the increase in the cost of living has been changed to a policy that seeks to redistribute the wealth of the country, she said.

The increase is more than the 2.47 estimated inflation for the last six months of 2012. Ms. Piszk said that the increase is the largest in the last two years when pay hikes ranged from 2.63 to 3.17 percent.

The minimum salaries are different for various occupations, and the ministry will post the news salaries on its Web site before the first pay period in January. The new wages go into effect Jan. 1.

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