Panamanian industrial companies oppose government proposal
The Industrial Union of Panama will not accept the proposal made by President Martin Torrijos to grant a bonus to employees.
Tuesday, August 12, 2008
The Union's General Assembly pointed out that what is need at this time are solutions "for the various structural problems that are affecting us negatively and preventing us from being more productive and competitive, and that will help to improve the purchasing power and well-being of all Panamanians."
There is growing use of the 'Vale Panamá' electronic cards as a means of compensation and bonuses payments to employees.
Feedback to employees should contain both praise and criticism.
Farmers and industrialists are opposed to the possibility of including fluid milk in the list of products whose prices are controlled by the government.
The purpose of the law which creates the eurocertificates (eurobonds) is to compensate the loss of preferential tariffs with the European Union.
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