The minimum wage in Honduras is complex. The minimum wage is dependent on the number of employees at a company and the type of work carried out.

The individual income tax ranges from 0% to 25%. Income tax is calculated according to progressive rates. Multiple additional factors may impact overall rates such as the household status and the number of children.

Gross Annual Income	Tax Rate (%)
Up to HNL - 172,117.89	0%
Up to HNL - 262,449.27	15%
Up to HNL - 610,347.16	20%
Over HNL - 610,347.16	25%

The employer cost is generally estimated at 9.87% of the employee salary.

• Public Health Insurance (Disability, Retirement, Death) - 2%
• Public Health Insurance (Sickness, Maternity) - 5.0%
• Public Health Insurance (Professional Risk) - 0.20%
• Housing Fund - 1.50%
• Severance Provision - 4.0%
• Worker Compensation (Professional Training) - 1.17%

Standard working hours are 8 hours per day, from Monday to Friday, and 4 hours on Saturday, accumulating 44 hours per week.

Overtime payment is mandatory and is not included in the salary. Hours outside of standard work hours are considered overtime. Employees can work a maximum of 16 hours of overtime a week. For additional hours, employees are paid:

• 125% of the hourly rate for overtime undertaken between 5:00-19:00
• 175% of the hourly rate for overtime undertaken between 19:00-5:00
• 150% of the hourly rate for overtime undertaken mixed between the above hours
• 200% of the hourly rate for overtime undertaken on weekends and public holidays.