A whole LOTTT of labor absenteeism
The case of ice cream maker EFE is not unique. Since the new Labor Law (LOTTT) was approved last year, labor absenteeism in Venezuela has increased alarmingly.
A report in El Nacional shows that some companies are facing 46% of workers’ absenteeism. A recent survey of business leaders find 44% say labor absenteeism has worsened since LOTTT passed, and 50% say productivity has dropped.
Why? Because the LOTTT makes it virtually impossible for companies to fire a worker without his or her consent – so why bother turning up to work?
Labor Law expert and UCV professor Pedro Casale said: “The employer has no defense rights. There are few chances for a justified dismissal and this excessive protection has made absenteeism quite easy…”
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
Donate