Costa Rica Minimum Wage Rate 2018
Because Costa Rica does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Costa Rica. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.
What is the Costa Rica Minimum Wage?
Costa Rica's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Costa Rica's minimum wage ranges from 9,598.73 per 8-hour work day for unskilled workers to 12,537.91 per day for specialized workers. All other occupations not explicitly covered fall under the generic scale,which ranges from 286,467.36 per month for unskilled workers to 615,083.69 for licentiates. The minimum wage is set annually by the National Wage Council. Costa Rica's minimum wage was last changed in 1-Jul-2015.
Facts and statistics about Costa Rica
Costa Rica is a country located in the Central America region with a population of 4,023,000 and an average life span of 75.8 years.
|Local Name||Costa Rica|
|Gross National Product||$10,226.00|
|Current Leader||Miguel Ángel Rodríguez Echeverría|
|Continent & Region||North America, Central America|
|Surface Area||51,100 square kilometers|
|ISO 3166 Country Code||CR|
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