Guatemala’s National Salary Commission is evaluating a shift in how the minimum wage is determined. Currently adjusted annually, the proposal seeks to establish a multi-year model for setting minimum wage levels. This change is part of a broader government policy aimed at implementation by 2027, offering businesses more predictability. The move intends to move away from the current yearly negotiation process. Officials hope to create a stable and long-term framework for wage adjustments. The commission is analyzing the potential impacts of this policy on both employers and employees. This is a significant potential alteration to labor economics within the country.