Salary Increase in Bolivia: A Measure that Encourages Informality? | Incremento Salarial en Bolivia: ¿Una Medida que Incentiva la Informalidad?

By Paul Aramayo, El Deber: A new increase in the national minimum wage or the basic salary, without considering the real situation of the private business sector, significantly raises formal labor costs, directly affecting the ability of companies — especially small and medium-sized ones — to maintain payrolls under the current labor regime. Every May…

The salary negotiation and reality | La negociación salarial y la realidad

Editorial, El Deber: The Bolivian Labor Confederation and the Government are in full negotiation over salary increases. The labor union is asking for an eight percent increase in the basic salary and a seven percent increase in the national minimum wage. This aspiration is completely detached from reality, reflecting a trend towards tightening belts in…

2020 salaries – Salarios 2020

Rodolfo Eróstegui writes in Página Siete: 2020 salaries We are starting the 2020 management year and the workers’ unions made their salary aspirations known. This year, if the Government does the sensible things, we can remember it by the transformations that the possibilities of facing in the labor world have. With the new transitory administration…

Businessmen describe as “reckless” salary proposal of the COB

ANF reports for La Prensa: The general manager of the National Chamber of Exporters of Bolivia (Caneb), Javier Hinojosa, described as imprudent the salary proposal of the Bolivian Workers’ Union (COB) because, he said, it is not related to any indicator of the country’s economy. “Making an analysis linked to the economy, 12% is a…

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…