economy
Empresarios proponen reformar la Ley del Trabajo para facilitar un aumento salarial
La propuesta es hacer una reforma al artículo 122 de la Ley, la cual establece que se tomará el último salario devengado como base para el cálculo de prestaciones sociales
TL;DR
- Venezuelan businessmen proposed reforming the Organic Labor Law at the ILO to enable salary increases.
- Salaries in Venezuela have been frozen since March 2022 at 130 bolivars, now valued at less than one dollar.
- The proposed reform targets Article 122 of the law, which bases social benefits and severance pay on the last salary, creating high costs for employers when salaries increase due to recalculations of past benefits.
- Jorge Roig, representative of Fedecámaras at the ILO, publicly supported the reform to facilitate salary increases.
- The government's current policy relies on non-salary "indexed bonuses" rather than direct salary increases.
- Venezuelan Vice President Delcy Rodríguez announced the creation of sovereign funds for worker income improvement and infrastructure recovery, but did not specify if this means a minimum wage increase or continuation of the bonus system.