The new basic wage for 2015 will be announced on tuesday

Workers and employers, after two meetings in the National Wages Council (Conades), failed to reach an agreement for the establishment of the unified basic wage (SBU for its Spanish acronym) that shall be effective since January 1, 2015. The decision is now in the hands of the...

Agreement on the basic wage increase is still not reached for 2015

Members of the National Wages Council (Conades for its Spanish acronym) did not reach an agreement on the salary increase for 2015 after the meeting yesterday, the second on the subject, at the premises of the Labour Ministry. The appointment started at 11:20. Xavier Estupiñán,...

Conades meets again to discuss wage increase

The workers sector said they are willing to lower their initial proposal to increase the Unified Basic Salary (SBU for its Spanish acronym) for 2015, in the case that employers also make flexible their position, said Jaime Arciniega, chief of the labor sector before the Conades....

Entrepreneurs and employees meet to discuss wage hike

Today, at 17:00, in Las Cámaras building, in Guayaquil, employers and workers will meet with government representatives, outside the framework of Conades, in order to check inflation and productivity figures, basic consumer goods, and other supplies that allow them to agree on a...