Economy

Economy April 26, 2017 | 3:43 pm

Minimum wage hike of 20% ‘excessive,’ will lead to layoffs

Santo Domingo.- Dominican Republic Industries Association (AIRD) executive vice president Circe Almanzar on Monday called the 20% salary on the minimum wage ordered by the National Wage Committee, excessive, and will lead to layoffs. She noted however that in a meeting yesterday the Committee's three sectors stated more flexible positions, regarding the reclassification of businesses that could... Read more

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