Posts Tagged

labor law

Work Contract Suspension vs Reduction of Work schedule.
BusinessGovernmentLabor

Work Contract Suspension Reduction of Work schedule What does it mean? Employee: Suspension of his obligation to provide services. Employer: suspension of his obligation to pay salaries. The employer can modify the work contract and reduce the work schedule, if he demonstrates an affectation as a result of COVID19.  How and when these

Read More
Withdrawal from the Labor Capitalization Fund
BusinessGovernmentLabor

The Labor Capitalization Fund (LCF) in Costa Rica is similar to unemployment benefits in the United States. Employers make contributions to the fund so employees can receive income in case of future unemployment.  The general rule is that this benefit becomes available after five continuous years working for the same employer,

Read More
Reduction of work schedule
BusinessLabor

Last Saturday, the President of the Republic signed a new law which allows employers to reduce the work schedule up to a 75% during the State of Emergency Declaration caused by the COVID-19 crisis. This bill has been in effect since last Monday, March 23rd, recorded as law No. 9832.

Read More
BusinessLabor

The President Carlos Alvarado signed into law a bill from Congress which was approved this last Saturday March 21.  This action is one of the many measures the current administration is taking to mitigate the impact the crisis created by the virus COVID 19. This new law, allows employers to

Read More