Labor Market: Bill Receives EndorsementThursday, February 25, 2021 On third debate, Panama approved the legislative bill that aims at gradually reintegrating employees to their companies, which have already restarted their activities and which in 2020 suspended labor contracts due to the crisis caused by the covid-19 outbreak. The National Assembly approved on February 24 bill No.542, submitted by the Ministry of Labor and Labor Development (Mitradel), which allows the gradual reinstatement of workers with suspended contracts, recognizes the payment of maternity leaves to workers with suspended contracts, the return of disabled people and establishes temporary measures to preserve employment and stability of the companies, details an official statement. Penalties for Illegal Recruitment of ForeignersThursday, August 3, 2017 Fines of up to $10 thousand and the definitive cancellation of the notice of operations are some of the sanctions included in the new law against illegal recruitment of foreign employees. From a statement issued by the National Assembly of Panama: Panama: The Slippery Slope to State ObesityTuesday, December 15, 2015 Between October 2014 and March 2015 the payroll of employees recorded an increase of 2.4%, totaling 214,333 employees and $243 million a month paid in wages. Spending on government payroll continues to grow in Panama, where there are already 214,333 people working for the state. Of the 214,333 staff currently employed, 192,019 are permanent, while 22 thousand 314 are employed on a casual basis. " Hiring Expectations for 2016 in GuatemalaWednesday, December 9, 2015 For the first quarter of 2016 the business sector has projected a 4% increase in hiring, primarily in companies in the communications and transport sector. From a statement issued by Manpower Guatemala: Guatemala: Formal Employment Decreased 3% in 2020Monday, March 1, 2021 Between December 2019 and the same month of 2020, the number of employees contributing to Social Security decreased 3%, a fall that is explained by the economic crisis generated by the outbreak of covid-19. Official data show that Sacatepéquez, Quetzaltenango and Guatemala were the most affected departments, as the drop in the number of contributors in these regions amounted to 9%, 7% and 4.5%, respectively. Bill to Reactivate Labor ContractsWednesday, February 10, 2021 In Panama, a legislative project was submitted which intends to gradually reintegrate the employees to their companies, which have already restarted their activities and which in 2020 suspended labor contracts due to the crisis caused by the outbreak of covid-19. According to the legislative body, the bill which legalizes the gradual reintegration of the suspended contract workers to their companies and which will be in force until the end of the year, has been pending in the National Assembly since February 8, after the Minister of Labor, Doris Zapata, delivered it to the Presidency. E-Commerce: Tax Exemptions in Costa RicaTuesday, March 23, 2021 Once Cauca IV comes into force, Costa Rican consumers will be exempted from paying duties on Internet purchases made abroad by Costa Rican consumers that do not exceed $500. The fourth version of the Central American Uniform Customs Code (Cauca IV) will take effect as of May 1 and according to Costa Rican authorities, the exoneration of duties will only apply to family shipments. From Wage-Earning Employment to Project-based WorkTuesday, March 23, 2021 The labor market reports a structural change, as fewer and fewer people are being paid a fixed salary for their work, while at the same time the number of employees earning per project is increasing. Although the trend has been reported globally for several years, the pandemic accelerated this process, as the economic crisis generated by the Covid-19 outbreak destroyed thousands of formal jobs. Costa Rica: Unemployment Slowly DeclinesThursday, January 7, 2021 During the mobile quarter from September to November 2020, the unemployment rate at the national level stood at 21.3%, which is lower than the 21.9% reported from August to October of the same year. For the mobile quarter September, October and November 2020, the population of 15 years of age and older with an incidence of labor due to the effect of Covid-19 was 1.07 million people (26.7%), according to an official report. Labor Market: Bill Moves ForwardFriday, February 12, 2021 In Panama, the first debate was approved in the first debate of the legislative project that intends to gradually reintegrate the employees to their companies, the same that have already restarted their activities and that in 2020 suspended labor contracts due to the crisis caused by the covid-19 outbreak. The bill legalizing the gradual reintegration of suspended contract workers to their companies, which will be in force until the end of the year, has been pending in the National Assembly since February 8, after being submitted to the Presidency by the Minister of Labor, Doris Zapata.
BUSINESS OPPORTUNITY
Tender for Collective Health and Life Insurance PolicyWednesday, March 10, 2021 Empresa de Transmision Electrica bids the collective health and life insurance policy for the institution's employees and retirees of the former IRHE, for a term of 5 years. Panama Government Purchase 2021-2-78-0-08-LP-013153: Call for More Foreign LaborThursday, October 11, 2012 In Panama the labor law allows for only 10% of the labor force in a company to be a foreigners, a limitation which is threatening the country's competitiveness. In the forum ‘Growth and Risk of Panama’s Economic Future’, organized by the Chamber of Commerce and the British Embassy, the consensus was that Panama could lose its competitiveness if its human capital does not specialize to levels required by companies installed in the country. Managing Remote WorkersWednesday, September 19, 2012 If done right, teleworking yields great results. If done wrong ... Good methods for managing teleworking depend on several factors: matching time zones, mutual cultural adaptation, the ability to define processes more or less strictly, and especially clear rules on the responsibilities of each of the parties: employer and employee. Spouses of Foreign Executives Able to WorkWednesday, November 30, 2011 Given the acute shortage of workers with high levels of education or job training, the government of Panama has decided to lift the ban on working for the spouses of foreigners employed in the country. The benefits granted by the country to attract foreign investment involve granting work permits to executives of multinational companies settled in the country, but did not include allowing the spouses of these officials to perform paid work activities. The Corruption of Top Public OfficialsThursday, March 29, 2012 Making sure that top public officials declare their assets and income is vital for stopping corruption in public affairs. A statement by the World Bank reads: |
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