Tuesday, 11 August 2020

Wage increase will increease layoffs – business group

A wage increase in the current economic slowdown would impact businesses, create layoffs and lead to bankruptcies says the National Council of Private Enterprise (Conep),

Any adjustment to the salary at this time will impact operations and increase layoffs says head of business group

Julio De La Lastra, president of the Council said on Tuesday, December 17 that the position of the sector is based on the fact that the adjustment to the salary would have repercussions on the existence of jobs and companies if the decision is not handled in a balanced way, reports Newsroom Panama.

Article first appeared at Today Panama, click here to go there

- paying the bills -
- paying the bills -
- paying the bills -
Q24N
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Panama suspension of international flights continues

PANAMA CITY - On July 17, the Government of Panama extended...

Land borders will not open on August 1

(QCOSTARICA) The land borders with Nicaragua and Panama are not within...

MOST READ

Bus operatos must maintain operation of at least 40% during the most restricted phase

(QCOSTARICA) The Public Transport Council warned bus route concessionaires that due to the intensification of vehicle restriction measures and the opening of more businesses...

Have you already bought your Mother’s Day gift? Buy it this week!

(QCOSTARICA) Mother's Day is fast coming up, the "mother" of all holidays in Costa Rica, that is on August 15. This year, like just...

Covid-19 in Costa Rica: More than 20,000 cases; 100 patients in ICU

(QCOSTARICA) At one day away from the first caser five months after the first COVID-19 patient was reported in Costa Rica, the cumulative number...

Jair Bolsonaro Is Pushing Brazil’s Democracy To Its Breaking Point

Twenty months into the presidency of Jair Bolsonaro, Brazil is on the brink of a democratic disaster. More than 100,000 Brazilians have died of COVID-19,...

Water accidents left six dead in 24 hours

(QCOSTARICA) The Judicial Police (OIJ) confirmed that in two days six people drowned in the Pacific Ocean. The first in Quepos, and the remaining...

Kidnappings of foreign retirees in Latin America

(EXPAT FOCUS) First, this article is to put kidnappings in Latin America into perspective and not to instill fear in anyone about retiring or...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Article first appeared at Today Panama, click here to go there

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.