Sat05192012

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Back Central America Top News The Panama Canal Expansion project has already set minimum wages

The Panama Canal Expansion project has already set minimum wages

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By Susana Lima
 
The Secretary of State's submission informed through a press release on the new Executive Order No. January 6th, 2012, through which the Government established the new minimum wages for workers exclusively involved in the construction of the Third Game Enlargement of the Locks of the Panama Canal.
 
The Decree states that the new minimum wage rates will be B /3.34 per hour for helpers and workers and a 12.5% increase per hour in skilled labor. The increase will apply to wages stipulated in employment contracts and collective journeys currently valid.
 
The legal regulation states: The minimum wage will result only indicated for construction workers of the Third Set of Locks of the Panama Canal Expansion, for the period until the date of completion of construction of that work. The minimum wage for workers employed in private business, canal, temporarily or permanently dedicated to the use, handling, operation, maintenance, protection and defense of the Panama Canal will be B/.2.90 per hour.
 
Decree No. 6 of 2012 explains that because the workers called on the contractors and subcontractors an array of minimum wages and this agreement was not possible, it fell to the Executive Branch to determine the new minimum wage rates in this work.
 
The new provision came to amend Decree No. 3 of March 4th 1980, provided for the minimum wage in B /2.90 per hour for workers in the Panama Canal.
 

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