Economy April 11, 2017 | 12:31 pm

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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.

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