Raising Wages: Panama’s Latest Move

The Panama Government has announced a two-year phased increase in the minimum wage, varying by business type. It ranges from 4.5% to 7.0%. Doris Zapata, Labor and Workforce Development Minister, announced this in Panama City. Small businesses will see a 4.5% rise. Large corporations will have a 6.0% hike. Banana industry companies will get a […]

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