New Labor Code for Panama

Technology and economic changes have transformed labor rules in Panama that are more than 30 years old.

Thursday, August 14, 2008

The increase in inflation has raised the discussion of whether or not it is convenient to order a general salary increase.
Businessman Javier Rivera believes that the current climate is favorable for business owners and employees to sit down and talk about issues affecting them, such as the cost of living; however he also believes that the discussion should include the changes that have occurred in the labor market.

More on this topic

Concern Over Proposal on Right to Strike

September 2014

A proposed amendment to the Labour Code of Costa Rica would allow for strikes with only 16% of total workers in companies whith no unions.

From a statement issued by the Union of Chambers and Associations of the private business sector (Uccaep):

UCCAEP rejects proposed amendment to the Labour Code

Flexible Working Hours Requested in Costa Rica

July 2014

Industrialists are asking for inclusion in the Labour Code a 12 hour work day, and in cases in where the law permits, annualized hours.

From a statement issued by the Chamber of Industries (ICRC):

July 2014. In the view of the ICRC establishing additional rules for working time in Costa Rican legislation represents an excellent option for generating higher quality employment opportunities, while at the same time allowing firms to improve their production levels.

Costa Ricas pushes for reform of Work Code

January 2009

In response to the economic crisis the Government is proposing to make the work day more flexible in order to minimize layoffs.

According to "the bill proposes creating new two work days: a 12 hour day with 3 free days per week and an annualized work day. This will allow for 10 hours when there is a lot of work and a maximum of six during the low season, and this way the workers will at no time get less than the minimum wage.

 close (x)

Receive more news about Government

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Reduced $50,000 - Costa Rica Coffee Farm with 20 Titled Building Sites

This property has it all! Ocean views, streams, waterfalls, forest, profitable coffee production, convenience, seclusion, titled lots, electricity, water, road access, perfect weather. Now $649,000
Fantastic, hard to find - Ocean views from every lot,...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(May 22)
Brent Crude Oil
Coffee "C"