Nicaragua: Minimum Wages for the second half of 2012
Minimum Wage Rate for the year 2012 for Nicaragua. Get latest minimum wage rates for agriculture, fishing, manufacturing and various other industries in Nicaragua.
Minimum wage rate for the year 2013 are expected to be announced by March 2013.
Till the next updation of minimum wages, the rates given below shall apply.
|Sector of Activity||Percentage||Monthly||Daily||Hourly|
|Agricultural (Salary plus food)||6%||C$2,273,80||C$75,79||C$9,47|
|Mines and Quarries||6%||C$4,141,97||C$138,07||C$17,26|
|Industries subject to tax (Effective as of January 2012)||0%||C$3,370,91||C$112,36||C$14,05|
|Micro and small cottage industry and national tourism (Effective Date: August 16, 2012)||5%||C$2,590,08||C$86,34||C$10,79|
|Electricity and water; Trade, Restaurants and Hotels, Transport, Storage and Communications||6%||C$4,230,17||C$141,01||C$17,63|
|Construction, financial institutions and insurance||6%||C$5,161,22||C$172,04||C$21,51|
|Com Services. Social and Personal||6%||C$3,233,15||C$107,77||C$13,47|
|Central Government and Municipal||6%||C$2,876,05||C$95,87||C$11,98|