Wednesday, May 31, 2023

Labor reform: what the paper says about holidays and night time overload economy

The final text of the paper for the first debate on labor reform, which was filed with Congress this Wednesday, May 17, for processing and analysis, There will be changes to some points that appeared to be immutable in the original version of the initiative.

(There is concern that employers are concerned about labor reform).

these are adjustments for night shift and surcharge on Sundays and holidays, Two points that have generated uncertainty among employers, who believe this could lead to payroll overcharges.

“For some businesses, for example, restaurants or clothing stores, which have higher sales on Sundays, may reconsider whether they can continue to provide services on the holiday, taking into account that This may arise taking into account the costs that they receive vs. the income they receive in the event that the cost structure does not allow to cover the additional payments on Sundays and holidays”, Cristina Gomez-Clark, director of the firm Alvarez & Marsal explained.

(Labour Reforms: Changes brought about by the paper filed).

While those who participated in the preparation of the presentation collect some of the concerns that are reflected in the adjustments of these points, the text still does not reassure the various sectors of the business community who have expressed concern about the project’s impacts. I have raised my voice. will bring.

in regard of night shift The initial project proposed that it would start at 6 p.m. and run until 6 a.m. For its part, day shifts would be between 6 a.m. and 6 p.m.

(Based on the presentation of Petro government’s labor reform).

However, in the paper he proposes that the onset of night work begins at 7:00 pm, after considering that “the 6:00 to 7:00 pm fraction has the greatest effect.”

At this point, after more than 11 joint meetings between the government and the speakers, Labor Minister Gloria Ines Ramirez insisted that the nightly surcharge “has an element of compromise and dialogue”.

Finally, another change that the presentation brings to the installed project is sunday payment surcharge, Although the change taking the surcharge from 75% to 100% has been maintained, it was established that this would happen gradually, and would increase between 2024 and 2026. Thus, they will be paid 80% from July 2024, reaching 90% by July 2025 and 100% by July 2026.

Nation World News Desk
Nation World News Desk
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