Unchanged Labor Reform, Maintains Informality in Ecuador - Ecuador en Directo
Summary by ecuadorendirecto.com
1 Articles
1 Articles
According to data from the National Institute of Statistics and Censuses (INEC), only companies with more than 20 workers in Ecuador pay wages that equal or exceed the unified basic wage (SBU). This marked difference shows a structural distortion that requires a comprehensive labor reform, able to correct the current incentives and encourage the formalization of the
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