---
title: "#Nicaragua 🇳🇮 #BDS_LaborAlert: Minimum wages to increase starting March"
description: Minimum wages
image: https://publicaciones.bdsasesores.com/hubfs/cropped-hand-stacking-coins-against-white-background.jpg
---

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##### Mar 7, 2024 8:42:37 PM

# #Nicaragua 🇳🇮 #BDS\_LaborAlert: Minimum wages to increase starting March

On February 29, 2024, the National Minimum Wage Commission (NMWC) reached consensus for **setting a 10.1% increase in minimum wages.** This adjustment will be effective from **March 1, 2024**, and will remain in force **until February 28, 2025**.

The manufacturing industry under the Free Zone Regime had previously reached a tripartite salary agreement on October 21, 2022, with an 8% increase taking effect from January 1, 2023.

It should be noted that while wages may be freely negotiated between parties, **they must never fall below the legal minimum** as per Article 82 of the Labor Code.

The minimum wages effective from **March 1, 2024 to February 28, 2025,** are as follows:

![](https://publicaciones.bdsasesores.com/hs-fs/hubfs/image-png-Mar-08-2024-02-33-39-9690-AM.png?width=420&height=426&name=image-png-Mar-08-2024-02-33-39-9690-AM.png)

1/ This sector includes food.

2/ Effective from 01/01/2024 to 12/31/2024.

 

We are available to assist you in you have any questions regarding the implementation of this wage adjustment.

 

 

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