Lack of technically skilled labour is forcing some companies to bear the cost of training their employees.
Food technology and industrial electronics courses haven arisen precisely in response to the needs of the private sector, which increasingly needs employees with technical training.This was explained to Elnuevodiario.com.ni by Berta Mayela Quintanilla, "... Director General of Fundación Victoria, an organization authorized by the Inatec to offer mid-level technical courses."
A trust has been approved which will start off with $1.2 million to fund training plans and provide work training for free zone companies.
The funds for the Trust come from the Ministry of Foreign Trade's budget, and "... companies that receive the incentive must also provide part of the funding for the program that they request, according to the ministry."
More workers who speak a second language are needed in order to continue growing in terms of attracting investment.
The arrival of international companies engaged in outsourcing services shows an upward trend in Nicaragua, but the main obstacle to greater growth is the lack of potential employees who speak and write two languages.
Behind a veneer of luxury websites of supposed online universities, lucrative networks sell certifications that contain endorsements from even the US State Department.
An article published by The New York Times reports on investigations carried out on the subject, apparently leading to a Pakistan-based organization which is dedicated to running a multi-million dollar business offering tailor made university diplomas, as well as renewal of knowledge and experience - real or not, by enrolling its customers in fictitious courses.
Between November 17th and 21st the Ministry of Commerce and Industry will be holding seminars on innovation in developing food products for export companies.
From a statement issued by the Ministry of Trade and Industry (MITI):
Focused on the vision of the Minister of Trade and Industry, Meliton Arrocha of making 'our exports and our negotiations speak the same language', the National Export Department is organizing the Specialist Innovation Seminar and Development of Novel Foods, Expanding Supply with More Competitive Products.
The government has announced that it expects to invest $400 million in the construction of six technical training centers in areas related to ports, logistics, agriculture, tourism and engineering.
The dynamics of business in Panama in sectors such as logistics and customer service, have increased the demand for qualified personnel for these functions. According to the Inter-American Development Bank, 50% of companies in Panama were not able to find the human resources they needed to hire.
The government and the private sector are preparing a plan to provide technical training to one thousand Panamanians per year in areas such as logistics, trading, freight and customer service.
An assessment made by the Ministry of Labor and Development of the Workforce in conjunction with 20 productive sectors concluded that "... Although there is a positive trend in employment generation, reaching an average of 8.1% annually, domestic firms have been limited in their efforts to fill vacancies. "
With the training of 8000 construction workers the guild seeks to improve the quality of the workforce and prepare to meet the demand from projects announced by the government and private industry.
The worker training sessions will be conducted jointly by the Nicaraguan Chamber of Construction (NCC) and the Technological Institute (Inatec), and will begin with the training of 8000 workers over a period of 4 months.
The new rules adopted by the Ministry of Labour will come into effect in February 2015 and the penalties for breaking them involve fines of between 3 and 16 minimum wages.
On August 8 the Regulation on Occupational Health and Safety issued by the Ministry of Labour and Social Welfare was published in the Official Newspaper, relating to Governmental Agreement No. 229-2014.
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