While businessmen have their reservations about a possible salary increasethe union sector favors it, and they point out that the salary review would be covered by the Work code.
These statements come after the Minister of Labor, Luis Miguel De Campssaid that the impact that inflation has had on salaries is being studied to see if it is worth starting a negotiation process between the parties with a view to deciding by consensus whether a salary readjustment is appropriate at this time.
The Labor Code of the Dominican Republic (Law 16-92) states in its article 456, that in situations that affect the national economy, as is now the case with inflation, it can be reviewed before two years minimum wagefor a possible salary increase.
According to the president of the Association of Industries of the Dominican Republic, Celso Juan Marranzinia wage readjustment in the industrial sector is an issue that must be viewed very carefully and carefully, because medicine can create an effect contrary to the desired one.
He recalled that the last increase in the minimum wage was an extraordinary effort by companies, especially those that are in the non-sectorized sector, to offset the effects of imported inflation.
Can read: Labor Minister says study the possibility of increasing salaries
He expressed that one must be aware that one is in the midst of a crisis with a positive development of the economy and jobs and that one must be very cautious of internally generating adverse factors or that they will increase inflation.
The businessman explained that the economy must continue to be boosted, because inflation is imported and, in addition, the monetary measures adopted by the United States Federal Reserve (FED) and the European Central Bank seek to curb world economic growth.
While the president of the National Confederation of Dominican Workers (CNTD), James Ramossaid that what Luis Miguel De Camps proposes would be an initiative that is necessary, due to the inflationary situation that the country is going through, as a result of the effects of the pandemic, in addition to the war between Russia and Ukraine.
“The minister is basing himself on the reality of the country. There is an inflation that affects the workers. Apparently an analysis has been done. The law provides for what the minister proposes,” he said.
He added that in the country there is a wage gap of more than 30% behind in terms of purchasing power.
Also the trade unionist Gabriel Del Rio He said that workers’ salaries should be improved based on inflation, but above all, keep track of it.
“An amount that really allows to improve the conditions of the workers in their purchasing power. That can be bought with the salary. We must find a solution to this inflationary situation,” said the secretary general of the Autonomous Class Trade Union Confederation (CASC).
