Average Wage Grows in Cuba

Autoridades del Ministerio de Trabajo y Seguridad Social, el Ministerio de Economía y Planificación, el Ministerio de Finanzas y Precios y la Comisión de Implementación y Desarrollo de los Lineamientos comparecieron este martes en la Mesa Redonda para analizar y brindar información sobre el estado de implementación de las flexibilidades otorgadas a la empresa estatal socialista y, especialmente, la aplicación de la Resolución 17.

The average wage in Cuba has been increasing in recent years as long as the implementation of the flexibilities granted to the socialist state company make progress, several executives agreed today.

The results in 2015 show that wage has grown, but we are not still satisfied, the head of the entities improvement group at the Commission on Implementation of the Guidelines said during the daily Roundtable Television Informative Program.

She stressed as main principle that the profits generated in each company are distributed for the development of the institution itself and the minimum wage as economic stimulus for workers.

The average salary in the country is now 743 pesos, plus 143 compared with that existing when flexibilities were granted to the managerial system, Deputy Labor and Social Security Minister, Maria Molina, said.

An increase in 10 percent in net sales, 15 percent in profits, and a rise in productivity, are among other results of the measures implemented in the managerial system, the official stressed.

She explained that some difficulties emerged in the implementation of Resolution 17, related to the distribution of the new wealth, is due to problems associated with the inappropriate use of what was legislated.

The modifications carried out to Resolution 17 will be apply as of April 1, after the country has completed the process that certifies the preparation of all professionals.

(Prensa Latina)

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