A rational wage increase is the best option for Bolivia!

Miguel Roca reports for El Deber: IBCE suggests a rational wage increase From the IBCE, they consider that an increase higher than the index of inflation would bring negative consequences in the companies and would affect labor stability. Gary Rodriguez, general manager of the Bolivian Institute of Foreign Trade (IBCE), warned Wednesday [04/05/2017] that a…

Absurd Bolivian gov demagogue impacts employment!

This El Diario cartoon (09/15/2016) only portrays the crude reality in the Bolivian labor market: Not only companies were forced to shut down their operations due to the disgusting demagogue of current Bolivian government, regarding the imposition to pay a double Christmas bonus. To begin with, our economy has not increased, the perception of liquidity…

How many Bolivians are in the global middle class?

From PewResearchCenter: Are you in the global middle class? Find out with our income calculator BY RAKESH KOCHHAR On a global scale, just 13% of the world’s population could be considered middle income in 2011, according to a new Pew Research Center analysis of the most recently available data. Most people in the world were…

Bolivia’s Minimum Wage: How to Kill the Economy

From PanAm Post: Bolivia’s Minimum Wage: How to Kill the Economy Red Tape Forces Thousands to Scratch a Living in Informal Labor Sector by Roberto Ortiz March 17, 2015 at 3:11 pm Bolivian President Evo Morales has once again come to an agreement with the Bolivian Worker’s Center (COB) to increase their workers pay by…

Bolivian workers may get 15% increase on seniority bonus

Marcelo Campos reports for El Dia: By increasing the minimum wage Seniority bonus rises 15% Work. Businesses Reject increase and announce study to see the impact of the measure. The increase from 8.5% to 15% have basic and the national minimum, made automatically upload the seniority bonus of a worker up to 15% in all…