By means of EXECUTIVE AGREEMENT No. STSS-00-2019, the increase to the Minimum Wage in Honduras was approved, effective as of January 1st of the current year (2019).
The percentages of increase to the minimum wage for the industries in the country were established in the following Agreements and according to the percentages that are detailed below:
- Tripartite Agreement in the framework of the negotiation of the minimum wage for the years 2019 and 2020; and,
- Agreement for the Promotion of Investment, Generation, Protection and Development of Decent Employment, Health, Access to Credit, Debt Consolidation and Access to Housing for Workers of the Honduran Maquiladora Textile Sector and other Free Zone Companies, effective as of January 1st of the years 2019, 2020, 2021, 2022 and 2023.
And for the Maquiladora Textile Industry and other companies that operate in free zones: