The revised minimum wages have been announced in Honduras, effective retroactively from 01 January 2024. For all sectors, the minimum wages have been raised by a specific percentage, considering the number of workers in an enterprise.
- Increase in wages by 5.5-% for enterprises employing 1 to 10 employees;
- Increase in wages by 5.5-% for enterprises employing 11 to 50 employees;
- Increase in wages by 6.5-% for enterprises employing 51 to 150 employees; and
- Increase in wages by 7-% for enterprises employing 151 or more employees.
For more information on changes, please refer to the minimum wage pages:
https://tusalario.org/honduras/salario/salario-minimo
https://wageindicator.org/salary/minimum-wage/honduras
Note: This minimum wage increase might not reflect the inflationary trends.