Displaying items by tag: Employers
Increases in withholding sent by the Pension System
The Ministry of Labor and Social Security announced that many employers, including municipalities, pay the legal withholding to the Instituto Salvadoreño del Seguro Social (ISSS), but did not send the withholding of the Social Security System, affecting any retirement process to workers.
Employers that violate labor rights will be fined up to US$4 million
The Ministry of Labor executes different strategies aimed at ensuring the welfare of workers, and one of them is the strengthening of the legal framework for the protection of labor rights.
Employers who violate employee rights will be fined up to 12 minimum wages
The Labor Code establishes a penalty in case of non-compliance with the labor rights of employees, but since it is not equivalent to the damage caused to the affected party, the Labor Commission decided to watch over them and guarantee that employers comply with their obligations.
Employers may receive up to US$200 for 3 months per person hired as "first job"
The Banco de Desarrollo de El Salvador (BANDESAL), together with the Minister of Labor, Rolando Castro, provided details about the new “Programa Oportunidades”which consists in the generation of jobs thanks to the third Reform to the Law of the Fideicomiso para la Recuperación Económica de las Empresas (FIREMPRESA).