NewsWhore
03-25-2009, 05:50 PM
The DR has the highest social benefit cost in all Latin America, making up 64% of wages paid by businesses, according to Isabel Estevez Estrella, director of ADECCO Dominicana. ADECCO is the leading global provider of job opportunities, career advice and expert recruiting solutions. Estevez says that their studies have found that regional social labor costs are: Colombia (53.71%), Ecuador (53%) Peru (45.97%), Argentina (45%), Panama (43.82%), Venezuela (43.61%), Guatemala (43.22%), Mexico (37%), Brazil (35.80%), Paraguay (32%), Chile (28.35%), Costa Rica (28%) and El Salvador (26%). Estevez says that these figures should raise concerns among those who make decisions on labor.
Local business representatives are warning that costs of hiring in the formal sector, due to elements such as high severance pay and social security obligations, are a deterrent to job creation in the DR, at a time when creating and keeping jobs should be a national priority.
More... (http://www.dr1.com/index.html#7)
Local business representatives are warning that costs of hiring in the formal sector, due to elements such as high severance pay and social security obligations, are a deterrent to job creation in the DR, at a time when creating and keeping jobs should be a national priority.
More... (http://www.dr1.com/index.html#7)