News & Analysis as of

Venezuela Wage and Hour

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beltway Buzz - April 2025

The Beltway Buzz™ is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what’s happening in Washington, D.C., could impact your business....more

Ius Laboris

Wage ‘Dollarisation’: balancing inflation and talent retention

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With both the Argentinean and Venezuelan economies tackling high inflation, employers are taking novel steps to promote talent retention....more

Holland & Knight LLP

Venezuela Update: March 23, 2022 (Spanish)

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Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. ...more

Holland & Knight LLP

Venezuela Update: March 23, 2022

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Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. ...more

Littler

Littler Lightbulb: Highlighting Five Recent Developments in Latin America

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Littler’s International Employment Law Practice Group includes experienced practitioners who help employers tackle local and multinational legal issues across borders. Here we shine a light on pivotal legal developments in...more

Littler

Venezuela Anuncia Aumento del Salario Mínimo y del "Cestaticket Socialista"

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Mediante los Decretos N° 3.068 y N° 3.069 publicados en Gaceta Oficial N° 41,231, de fecha 7 de Septiembre de 2017, el Presidente Nicolás Maduro aumentó el salario mínimo mensual en un cuarenta por ciento (40%) y ajusta la...more

Littler

Venezuela Announces Increases to the Minimum Wage and Meal Benefit

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Through Decrees N° 3.068 and 3.069, published in the Official Gazette N° 41.231 on September 7, 2017, Venezuela’s President Nicolás Maduro increased the monthly minimum wage by 40% and "the meal benefit” calculation base to...more

Littler

Venezuela Anuncia Aumento del Salario Mínimo y del “Cestaticket Socialista”

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Mediante los Decretos N° 2.832 y N° 2.833 publicados en Gaceta Oficial N° 6.296 Extraordinario, de fecha 2 de mayo de 2017, el Presidente Nicolás Maduro aumentó el salario mínimo mensual en un sesenta por ciento (60%) y...more

Littler

Venezuela Announces Increases to the Minimum Wage and Meal Benefit

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Through Decrees N° 2.832 and 2.833, published in the Official Gazette N° 6.296 on May, 2, 2017, Venezuela’s President Nicolás Maduro increased the monthly minimum wage by 60% and the “meal benefit” calculation base to 15 tax...more

Littler

Venezuela Aumenta La Unidad Tributaria

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En Gaceta Oficial Extraordinaria No. 6.287, de fecha 24 de febrero de 2017, la Administración Fiscal en Venezuela publicó la Providencia N° SNAT/2017/0003 (en adelante “la Providencia”) que aumentó el valor de la Unidad...more

Littler

Venezuela Increases the Tax Unit

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On February 24, 2017, the Venezuelan Tax Administration published Ruling N° SNAT/2017/0003 in the Official Gazette (hereinafter “the Ruling”), increasing the value of the Tax Unit (hereinafter “UT”) from 177.00 Venezuelan...more

Littler

Venezuela anuncia el aumento del salario mínimo

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En Gaceta Oficial N° 41.070, de fecha 9 de enero de 2017, fue publicado el aumento del cincuenta por ciento (50%) sobre el salario mínimo mensual para los trabajadores que presten servicio en los sectores público y privado,...more

Littler

Venezuela Announces New Minimum Wage and Meal Benefit Increases

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On January 9, 2017, Venezuela's President Nicolás Maduro announced a 50% increase in the monthly minimum wage for the private and public sectors, effective January 1, 2017. Minimum Wage Increase - The new minimum...more

Littler

Miembros de los Consejos Productivos de los Trabajadores gozan de protección especial contra despidos

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El 5 de diciembre de 2016, el Ministerio del Trabajo de Venezuela publicó la Resolución N° 10.002 (en adelante "la Resolución") que garantiza una protección especial contra despidos (conocida como inamovilidad) en beneficio...more

Littler

Venezuela: Members of the Productive Workers’ Councils Receive Protection Against Dismissals

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On December 5, 2016, the Venezuelan Ministry of Labor published Resolution N° 10.002, which guarantees a special protection against dismissal for workers who are members of a Productive Workers’ Council (known as “CPT,” for...more

Littler

Venezuela: Nuevo Programa de Emergencia Obliga a los Patronos a Proporcionar Trabajadores a Empresas Estatales

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El Ministerio del Trabajo en Venezuela ha publicado en la Gaceta Oficial un programa de trabajo forzoso, que exige a los patronos del sector público y privado proporcionar trabajadores a empresas estatales, como una especie...more

Littler

Venezuela: New Emergency Program Forces Employers to Supply their Workforce, on Demand, to Benefit State-Owned Entities

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Venezuela’s Ministry of Labor has enacted the establishment of a forced labor program, which will require public and private sector employers to supply their workers as “temporary loans” to State-owned companies to boost the...more

Littler

Venezuela Anuncia Aumento del Salario Mínimo y del “Cestaticket Socialista”

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El Presidente Nicolás Maduro anunció, nuevamente, un aumento del treinta por ciento (30%) sobre el salario mínimo mensual para los trabajadores y un aumento en la base de cálculo del "Cestaticket Socialista" a tres y media...more

Littler

Venezuela Announces New Minimum Wage and Meal Benefit Increases

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On April 29, 2016, Venezuelan President Nicolás Maduro announced a 30% increase in the monthly minimum wage, effective May 1, 2016. President Maduro also announced an increase in the meal benefit, which will now be three and...more

Littler

Venezuela Announces New Minimum Wage and Meal Benefit Increases

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On February 17, 2016, Venezuelan President Nicolás Maduro announced a 20% increase in the monthly minimum wage, effective March 1, 2016. President Maduro also announced an increase in the meal benefit, which will now be two...more

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