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ICE Employees Get Pay Raise
The Consejo Directivo del
Instituto Costarricense de
Electricidad (ICE) - board of
directors of the state telecom
monopoly - yesterday approved a
salary hike of between 1% and
30% for all its employees. The
median average is of 10.5% and
will go into effect tomorrow,
according to a news release by
the Institution.
ICE employees 12.000 and the
increase approved by the board
is in addition and separate from
the 4% increase given to all
public sector employees for this
half of the year, which went
into effect last January.
Public sector employees get two
yearly raises, one for the first
semester and one for the second.
In the lower catagory of
labourers, technicians and
miscellaneous employees, the
salary hike is between 1% and
4%. The next catagory of
employees will receive between
10% and 20%, while managers will
receive a 30% salary hike.
The executive administrations of
the institutions, including the
division managers and president,
are not included in the salary
increase.
Geovanni Bonilla, a spokesperson
for ICE, said it will cost the
Institution ˘9 billion colones
(us$17.3 million) more this
year, which amount was included
in the 2007 budget.
Bonilla pointed out that ICE
employees have not had a salary
increase since 2001 and that in
some cases salaries were below
market levels and the increase
decision was based on a study
done by the consulting firm,
Price Waterhouse Coopers.
The study looked at salaries by
ICE employees compared to
salaries of similar job
functions at other public
institutions and private
enterprise.
Bonilla added that the report
had suggest a higher increase,
an amount that the spokesperson
did not disclose. However it was
rejected by the ICE directors,
who opted for a more "rational
and proportional" increase, said
Bonilla.
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