Economy March 1, 2019 | 6:14 pm

Industries discard 30% hike to minimum wage

Santo Domingo.- Dominican Industries Association (AIRD) vice president Circe Almánzar, on Mon. said labor’s proposed 30% increase to the minimum wage would put employers in a very “cumbersome” position, since in her view there are no conditions to do so.

“The increase of 30% could cause a very cumbersome situation for the business sector, definitely there are no conditions to think about the salary increase of 30%”.

When fielding reporters’ questions after the presentation of the Industry and Commerce Ministry’s Digital Productive Chaining Program, Almánzar said the capacity of each company and the methodology should be taken into account. “The law of SMEs must be taken into account to restructure the salary, for which there is dialogue.”