españolLabor Contracts in Panama IncreaseFriday, February 20, 2009 As reported by the Department of Labor, in January of 2009, 20,573 new contracts were registered, 21.7% more than the same period of year 2008. Orlando Carpintero writes in Prensa.com: "The growth was seen in the three types of contracts for which records are kept: For specific projects, there were 2,540 new contracts more than in January of 2008; for defined time frame contracts, 269 more; and, in the open contracts segment, 859 more." More Foreign Workers in PanamaTuesday, March 16, 2010 Work permits to foreigners have increased 24.4% in the first two months of 2010. 1.220 permits were issued between January and February 2010, 24,4% more than in the same period of 2009, when 980 permits were granted. Panama: Salaries Based on ProductivityThursday, May 21, 2015 It has been announced that in June the private sector together with the government will define the methodology for wage increases, taking into account labor productivity and the cost of living. How productive are workers for Panamanian companies is one of the elements that is to be taken into account in the way that the minimum wage adjustments will be defined from June. Panama: Rules on Work Permits Could ChangeWednesday, March 23, 2016 A call has been made for the labor migration legislation commission to review and assess extending the rules for work permits. From a statement issued by the Ministry of Labour and Social Development in Panama: Panama: Labor Supply Does Not Meet DemandWednesday, July 27, 2016 In job fairs convened by the State over the last two years only 35% of the job offers by companies were able to be filled. The problem of a labor supply not matching the demands of the private sector persists in Panama, where companies have to invest time and money into order to cover the limitations of graduates of the public education system, which is putting a brake on development. Panama Hiring More ForeignersWednesday, January 6, 2010 In 2009, the number of successful work permits granted to foreign citizens increased 58.2%. This increase is driven by a demand for workers with very specific knowledge, as in the case of the expansion of the Canal and the arrival of a series of multinational corporations. A contributing factor is the lack of domestic skilled labor in some areas. Increase in Employment Contracts in PanamaTuesday, November 20, 2012 In the first seven months of the year, 235, 529 employment contracts were made, 17, 406 more than in the same period in 2011. A press release from the Ministry of Economy and Finance of Panama reads: Foreigners Immigration Status Regularized in PanamaWednesday, June 27, 2012 In the ninth round of “Crisol de Razas” (Race Melting Pot) organized by the National Immigration Service (NMS) some 5,300 foreigners have had their immigration status regularized. Since the beginning of this conference, the NMS has issued some 23,000 temporary permits to foreigners. Panama: Another "Social Burden" for BusinessesWednesday, March 22, 2017 The union of builders is opposed a bill creating a paid paternity leave for workers, arguing that there would be economic repercussions for businesses. From a statement issued by the Panamanian Chamber of Construction: Tax to Finance Occupational SafetyWednesday, February 11, 2015 The Ministry of Labour has introduced a bill which would require construction companies to pay from $19,000 to $100,000 per project and which would go to the Fund for Occupational Safety, Hygiene and Health. From News from Panama's National Assembly: Panama: Companies May Hire More Foreign WorkersMonday, April 25, 2011 A new law will enable companies to request an exception allowing them hire foreigners when necessary. Though Panama's Employment Code allows companies to employ up to 10% of their workforce with foreign workers, employers may now increase this percentage, provided they can demonstrate that it is necessary. Panama: Facilities for Foreign Labor HighlightedThursday, October 4, 2012 Among the impetus for foreign investment is the newly established category of permanent residence for foreigners from friendly nations. During the second meeting of Spanish companies in Panama, the presence of a delegation of government and Spanish businessmen, led by Prince Felipe of Borbón, allowed the Labor Minister Alma Cortés to highlight the facilities granted by the Canal country for the establishment of foreign companies in its territory, especially in relation to having its own staff to count on. Work Permits for Foreigners Grow 11%Monday, September 24, 2012 In the first five months of the year 5,805 work permits were granted in Panama, 11.6% more than in the same period in 2011. According to the Ministry of Economy and Finance (MEF) citizens from Colombia (36.8%), Venezuela (8.9%), China (6.4%) and the Dominican Republic (6.1%) received the most permits. High Labor Mobility in PanamaMonday, May 23, 2011 The arrival of new businesses is increasing the number of positions and making the labor market more dynamic. More and more Panamanians are deciding to quit their jobs and move to a another one with better pay. Panama: Labor Contracts Up 3%Friday, May 5, 2017 At the end of the first quarter, there were 71,043 new employment contracts, 3% more than in the same period in 2016. The latest report by the Comptroller General of the Republic states that in March, 28,355 new labor contracts were registered with the Ministry of Labor, 22% more than in March of the previous year. |
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