According to Soso Pkhakadze, President of the Business Association of Georgia, “part of the planned amendments which should be made to the Labor Code is dangerous at this stage, because it violates the balance and excessively interferes with the business activities”.
Soso Pkhakadze regards that such interference might significantly damage the current business environment in Georgia.
"These amendments might cause unemployment rise, wage diminish and suspension of specific industries, thus it may result significant economic damage to the country, which would naturally hinder the country's development," Soso Pkhakadze said.
To note, member companies of the Georgia Business Association (BAG) met again to discuss upcoming changes to the Labor Code today at Holiday Inn.
Number of problematic issues related to these changes will be discussed at the meeting, including employment contracts; subordination of internship to the standards set by the Labor Code; limiting overtime; introduction of minimum wage; changes in overtime pay and etc.
"Member companies of the Business Association, which generate the country's gross domestic product and employee more than two hundred thousand people, once again will discuss possible amendments based on the examples", - BAG’s press-release reads.
See all the news
Update on Shuakhevi HPP
Turkey to open doors to 31 countries for health tourism
Statement by Andrius Kubilius on the EU assistance for Georgia
Wine sales have increased 5 times in the UK - Georgian-British startup
S&P: Georgia Heads Toward Recession
Gurian Tea "Gamarjoba" will Appear on the Market from September
Coronavirus: Boris Johnson moved to intensive care
First-Stage Land Usage Permit for APM Terminals Poti
How will Nenskra HPP Reduce the Electricity Import?
Wizz Air suspends all flights from Georgia to Europe except Budapest
Carrefour: The product will be on the shelves with the prices same as before
Differences between tobacco and nicotine products
OECD cuts 2020 global growth forecast over virus
Georgia to export new armored vehicle Didgori Meomari
"Hotels are in shock, reservations are canceled" - Shalva Alaverdashvili
Georgian brand Entrée enters the UK market and opens its first facility in London
The first Swiss-Georgian VET college will soon be open in Dmanisi
Frontera claims that Georgian government has started harassing the company since 2013
Company HotelFriend offers convenient eComerce platform to Georgian Touroperators
Will the head of "Anaklia Deepwater Port Development Agency" be replaced?