The Bolivian government announced a decree determining to 12% the wage increase in the private sector in 2009. Companies say this is unworkable, and unions raise the bar to 25%. (Ref. 080894)
Through the announcement of the decree for wage
adjustment, the Bolivian government is forcing private companies’ hand so they
increase wages by 12% in 2009. It is with this text that workers will bargain
for wage increases, which can be above the defined limit. However, the public
powers are thinking about developing a spread system allowing for derogations
for companies experiencing financial troubles
preventing the application of the decree. In 2008, only 70% of businesses
respected the decr
Do you have information to share with us?