Central Bank of Honduras justifies salary increase for its executives

Tegucigalpa, Honduras.

After the officialization of the salary increase that the authorities of the Central Bank of Honduras, BCH, will receive from this month, the directors of the entity willthey verified the rise arguing that it is based on the law and the goals achieved in recent years.

The head of the institution, Wilfredo Cerrato, build up 269,541 lempiras monthly. See drivers 251,422By means of a statement, after the disclosure of the information, the BCH indicated that the relationship between workers and the institution is governed by current collective bargaining, which is protected by international treaties, the labor law and the republic’s constitution.

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The highest hierarchies of the received state institution increase those between 13,000 and 16,000 lempiras per monthThe president, on the other hand, 16,725 just lempiras. The Central Bank of Honduras is the main bank of the Republic of Honduras and therefore has the monetary responsibility of the country and its institutions.

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“The salaries of the staff are related to their seniority (the majority with more than 20 years of careers), the achievement of defined objectives, academic training and functions they perform within the institution,” they claim in the publication.

The report also describes the managerial and administrative functions and the monthly salaries: compliance analyst (114,865), special analyst (121,135), management consultant (105019), executive assistant (100,426), director (251,422) and chairman (269,541

In addition, in the statement, authorities of the Central Bank of Honduras They explained that, for the sake of transparency, the Bank’s information portal remains up to date. “This shows our good practice and recognition of the relevance of citizen surveillance,” the report reads.

Finally, the BCH stressed that the increases reflect the performance, the academic training of the managers and their role in the acceleration of the state banking institution.

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