Latvia: government decides to maintain employer contribution that finance wage guarantee institution

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31 August 2006 à 14h06

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1 minute

Publication: 31 August 2006 à 14h06

Reading time: 1 minute

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Latvian government has decided to maintain the amount currently paid by the employers to the wage guarantee institution which protects employees against their company insolvency. (Réf. 06836)
Publication

31 August 2006 à 14h06

Reading time

1 minute

Publication: 31 August 2006 à 14h06

Reading time: 1 minute

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Every private employer has to pay a contribution – 0,25 lats (EUR 0, 34) for month for each employee. This is to secure interests of workers in case employer meets bankruptcy and can’t realize his liabilities, for instance – regular tax payments and salary payments. The Confederation of Latvian employers (LDDK) has protested this decision of government. Confederation asked ministers to reduce the contribution rate arguing that the guarantee institution already has enough money to cover paymen

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