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Private
Sector Unions Looking For 7% Salary Increase
Its that
time of year again, when focus is pointed to
salaries for the second half of the year. For
the second semester of 2007, unions are asking
for a 7% increase for private sector employees.
Union leaders say that the 7% is just in the
face of the loss of purchasing power and are now
waiting on a response by business if they will
accept the union demand of make an offer of
their own.
Next week, it will be the governments turn to
establish a salary increase for public sector
employees that goes into effect on July 1st.
Union leaders, both for the private and public
sector, feel that the growth in the economy is a
good time for a healthy salary increase for
employees.
The Asociación Nacional de Empleados Públicos y
Privados (ANEP) - the largest union of the
public sector employees - are hopeful that the
government will offer a better salaries for this
half of the year.
Édgar Morales, secretary general of the ANEP
said that the salaries increases of later have
not kept up with pace of the high cost of living
and has not increased the purchasing power of
the worker.
Morales added that the low increases have not
helped in closing the inequality gap.
The increasing cost of gasoline is one of the
major reasons that unions are looking for a
healthy salary increase and see 7% as a minimum
The salary increase for the second half of 2006
for private sector employees was 6% and 4.95%
for the first half of 2007.
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