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NewsWhore
05-15-2009, 04:20 PM
Representatives of the business sector have proposed a 12% increase in the minimum wage to the National Committee for Salaries. Gloria Henriquez, director of the Committee, said that the business sector made their proposal based on consumer price index statistics presented by the Central Bank for 2007 and 2008.
Representatives of the labor sector seek a 40% increase for all those who make up to RD$20,000 a month, and a 25% increase for those that make RD$20,000 to RD$30,000.
Marisol Vicens, president of Copardom that represents the companies, said they are recommending the 12% of minimum wages, subject to the reclasiffication of companies following Law 488-08 on small and medium-sized businesses (MIPYMES), and seeking to preserve jobs.
A second meeting of labor and business representatives was set for Thursday, 21 May.

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