Nice People Networking

Conep insists formal workers earn more in DR

SANTO DOMINGO. Contrary to what was said recently by the Central Bank, the National Council of Private Enterprise (Conep), reaffirmed its position with respect to the salaries of the workers in the formal sector after declaring that these “really receive an hourly income superior to their counterparts in the informal sector.”

Nevertheless, in the most recent Central Bank publication on this issue, the official entity makes it clear that the “informals” receive a higher hourly wage than the “formals.”

Of eight occupational groups, the Central Bank shows that the formal employees have higher hourly wages in just two, while in the six remaining groups the informal workers earn more per hour.

But the Conep says that it has been demonstrated, according to what they say, with the data contained in the National Survey of the Labor Force, and other studies carried out by the Central Bank itself, that the workers in the formal sector really receive an hourly income superior to that of similar workers in the informal sector.

In a similar manner, the entity points out that according to the information from the Central Bank itself, in all of the cases, the hourly income of the workers in the formal sector were significantly higher to those in the informal sector, which is accentuated even among the poorest that work in the formal sector, who receive an hourly income that is 67.5% higher to that of those that work in the informal sector.

The Conep feels that some workers prefer to be in the informal sector because the country has a problem of job creation in the formal sector.

Source; DiarioLibre

Category: DR News |

Leave a comment

You must be logged in to post a comment.

Last updated December 9, 2016 at 7:25 PM
stats for wordpress
View Statistics Report
Facebook Twitter