Overview
- The government and business representatives are negotiating a draft without CGT backing in the Council of Mayo framework.
- Vacations would be scheduled between October 1 and April 30 with written notice at least 45 days in advance and the option to split the break into blocks of at least one week.
- Employers would pay a non-remunerative, non-contributive sick-leave benefit equal to 80% of net pay, with durations tied to seniority and family dependents.
- Severance for dismissal without cause would equal one month of salary per year of service or fraction over three months, calculated on the best monthly pay of the last year excluding the bonus.
- The base for severance would be capped at three times the applicable collective wage average set by the Human Capital Ministry, with a floor at 67% of the calculated base, and collective agreements could replace severance with an employer-funded separation fund.