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Employee wages are subject to private agreements between the employer and the employee. Nonetheless, the Department of Labor sets the minimum wages, in terms of the sector.
In Guatemala the minimum wage for 2009 is US$ 7.01 daily for agricultural and non agricultural activities except for drawback, which has a minimum wage of US$ 6.47 daily equivalent to US$ 0.81 per hour.
Minimum Wage 2009
|
Activity |
Por Hora |
Por Dia |
Por Mes |
|
Agriculture and non-agriculture |
Q. 7.00
US$ 0.88 |
Q 56.00
US$ 7.01 |
Q. 1,680.00
US$ 210.26 |
|
Drawback |
Q. 6.47
US$ 0.81 |
Q 51.75
US$ 6.47 |
Q. 1,552.50
US$ 194.30 |
|
Incentive Bonus |
Q 1.04
US$ 0.13 |
Q 8.33
US$ 1.08 |
Q 250.00
US$ 32.42 |
Source: Ministerio de Trabajo, January 2009 y Decree 78-89 and 37-2001
Exchange Rate: Q 7.78 = US$ 1.00
There are also some employer contributions and work shifts that must be considered into the labor force costs.
Work Shfts
|
Shifts |
Schedule |
Shall not Exceed |
|
|
|
Daily |
Weekly |
|
Regular Shift |
06:00-18:00 |
8 |
44 |
|
Night Shift |
18:00-06:00 |
6 |
36 |
|
Mixed Shift |
|
7 |
42 |
|
The mixed shift shall not exceed 3 night hours shift and the rest shoud be during the regular shift hours. Overtime: The regular work shift plus extra hours cannot exceed 12 hours. |
Employer Contribution
|
Concept |
Description |
% of annual wage |
|
IGSS |
Social Security |
10.67% |
|
IRTRA |
Recreation |
1% |
|
INTECAP |
Trining |
1% |
|
Christmas Bonus |
1 month salary |
8.33% |
|
Bono 14 |
1 month salary |
8.33% |
|
Vacaciones |
15 working days |
5.83% |
|
Severance (only for justified dismissal) |
1 salary per year worked |
8.33% |
|
TOTAL |
|
43.49% |
Source: Ministerio de Trabajo, Guatemala
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