May 15, 2012
Filled Under: LOCAL NEWS
The Labor and Social Insurance ministry on Monday said a new framework envisaging changes collective labor agreements in the country would be valid from May 15. In a statement, the ministry noted that changes in labor relations would be implemented gradually and stressed that the end of a three-month period for abolishing the after-affect on collective agreements does not constitute an automatic reduction of wages in the private sector.
The ministry said that a new legal framework will have direct effects on 10 collective labor agreements, from 151 currently valid in the country. These are agreements which terminated in the period from Aug. 14, 2011 to Feb. 14, 2012. Under the new legislation, unless new collective labor agreements have been reached, employers have the right to reduce workers' wages without workers' consent to the level of the basic salary of the sectoral contract, plus four social benefits.
Changes in Labor Relations To Begin On May 15
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The Labor and Social Insurance ministry on Monday said a new framework envisaging changes collective labor agreements in the country would be valid from May 15. In a statement, the ministry noted that changes in labor relations would be implemented gradually and stressed that the end of a three-month period for abolishing the after-affect on collective agreements does not constitute an automatic reduction of wages in the private sector.
The ministry said that a new legal framework will have direct effects on 10 collective labor agreements, from 151 currently valid in the country. These are agreements which terminated in the period from Aug. 14, 2011 to Feb. 14, 2012. Under the new legislation, unless new collective labor agreements have been reached, employers have the right to reduce workers' wages without workers' consent to the level of the basic salary of the sectoral contract, plus four social benefits.
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