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...

First meeting ended without agreement on the basic wage rise for 2015

The unified basic wage increase for 2015 could not be defined in the meeting yesterday in Guayaquil among members of the National Wages Council (Conades for its Spanish acronym). The proposal of workers in this first meeting was to increase the basic salary in a 16% according to...