Economy April 11, 2017 - 12:31 pm

Employers challenge the 20% raise on minimum wage

Santo Domingo.- Dominican Republic’s employers grouped in Copardom, and the small and medium businesses (Codopyme) on Monday filed an appeal for arbitration against the National Wage Committee resolution which raises the minimum wage by 20%.

The appeal filed jointly by Copardom president Fermín Acosta, and Codopyme president Luis Miura cites “duly reasonable objections to the decision of the National Wage Committee regarding the minimum wage rates recommended for the non-sectorized private sector as of March 31, 2017.”

They note that the resolution was published “to initiate the deadlines established in Law 16-92 that stipulates the Labor Code, on April 6 of this year.”

The request for arbitration filed at the Labor Ministry cites the legal and economic arguments and norms to base their challenge to the decision by the Salaries Committee, and propose a return to the negotiating table.

COVID-19

October 13, 2024 - 11:00 am

Public Health to focus on health impact of drinking water

October 13, 2024 - 9:24 am

Cardiologist Moya explains heart is impacted more by heat

October 6, 2024 - 11:15 am

Specialist warns of respiratory virus outbreak in Dominican Republic

October 3, 2024 - 11:44 am

Former Health Minister Wilfredo Hidalgo accused of embezzling over 300 million pesos

MOST READ

Local

Dominican Republic-US open skies agreement set to launch in 2025

Bavaro & Punta Cana

Tourism sector contributes 3 out of every 10 dollars of the Dominican Republic’s foreign exchange earnings

Economy

Airbnb expresses willingness to pay taxes in the Dominican Republic

Economy

Confotur credited for boosting foreign investment in the Dominican Republic

MORE NEWS

Local

Tension at Haina Vacation Reception Center amid repatriation riot

Economy

Maria Abreu and Abreu & Associates empower expats in the Dominican Republic

Economy

CHTA warns against tax reforms in Dominican Republic that could undermine Caribbean tourism

Local

CEED provides daily meals for 3,000 youth at U-17 Women’s World Cup