WILLEMSTAD – The Curaçao Business Association (VBC) will participate in the plan to increase minimum wages if a proper analysis is carried out. In addition, the VBC wants the social partners to agree on other measures that can be implemented in the short term. This is reported by the VBC.
WILLEMSTAD
– The Curaçao Business Association (VBC) will participate in the plan to increase minimum wages if a proper analysis is carried out. In addition, the VBC wants the social partners to agree on other measures that can be implemented in the short term. This is reported by the VBC.
The VBC wants to enter into discussions with social partners such as employees, employers, and the government about how an energy surcharge can be implemented in business sectors in which many minimum wage workers are employed. By means of measures that remove the risks of wage increases, the private sector can partly absorb the wage increases. “In addition, the VBC proposes to reach an agreement in principle with the social partners, parallel to the decision on the minimum wage increase,” according to the VBC. The accord in principle contains the agreements that the social partners have made with each other.
The VBC wants to enter into discussions with social partners such as employees, employers, and the government about how an energy surcharge can be implemented in business sectors in which many minimum wage workers are employed. By means of measures that remove the risks of wage increases, the private sector can partly absorb the wage increases. “In addition, the VBC proposes to reach an agreement in principle with the social partners, parallel to the decision on the minimum wage increase,” according to the VBC. The accord in principle contains the agreements that the social partners have made with each other.
According to the VBC, agreements must also be made in the short term to appoint an economic recovery board (ERB). Social partners will have an equal voice in this. Long-term measures must be developed with the board that contribute to sustainable economic growth. There is also a proposal to install a planning office that uses a reliable research method and has modern measuring instruments to calculate the economic impact. This applies to both minimum wages and tax reforms.
According to the VBC, agreements must also be made in the short term to appoint an economic recovery board (ERB). Social partners will have an equal voice in this. Long-term measures must be developed with the board that contribute to sustainable economic growth. There is also a proposal to install a planning office that uses a reliable research method and has modern measuring instruments to calculate the economic impact. This applies to both minimum wages and tax reforms.
The association believes that an acceptable and realistic minimum wage increase is only possible if a proper analysis is carried out. The government must also keep an eye on the risks of the minimum wage increase. That is why the association wants to develop measures that reduce costs for the private sector and promote purchasing power for the less fortunate. Within the VBC, realistic alternative measures have been devised in collaboration with a number of experts that can contribute to maintaining purchasing power.
The association believes that an acceptable and realistic minimum wage increase is only possible if a proper analysis is carried out. The government must also keep an eye on the risks of the minimum wage increase. That is why the association wants to develop measures that reduce costs for the private sector and promote purchasing power for the less fortunate. Within the VBC, realistic alternative measures have been devised in collaboration with a number of experts that can contribute to maintaining purchasing power.
https://www.curacaochronicle.com/post/main/vbc-agrees-to-increase-minimum-wage/
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