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Senator David Barguil and Representative John Jairo Roldán, conciliators of the law that extends the benefits of the Formal Employment Support Program (PAEF) and Premium Support (PAP), they reached an agreement with the Ministry of Finance to increase the payroll subsidy by 10 percent for each woman who is re-engaged or keeps her job. (You may be interested in: ‘The pandemic contributed eight additional points to unemployment’)
The objective is to provide special help to women, who are the ones who have been most affected by the unemployment and the difficult economic situation generated by covid-19 pandemic.
The request by the conciliators was given because in the House of Representatives This increase in the subsidy for women was not approved, but in the Senate it was approved in the last debate by proposal of Senators Sandra Ortiz and Angélica Lozano.
The Ministry of Finance, According to his calculations, it will allocate 381 billion pesos to guarantee the subsidy of an additional 10 percent to women, which is added to the 40 percent of the minimum wage for each worker in micro, small and medium-sized enterprises that have been affected. your billing 20 percent (or more) because of the economic contingency.
In total, each woman will receive a subsidy of 50 percent of the minimum wage.
(We recommend: There is more unemployment in women than in men)
What does the project contain?
The bill approved by the Chamber and the Senate to extend the benefits of Paef seeks to continue providing protection to companies that have seen their turnover affected by the crisis generated by the pandemic.
In that order of ideas, these companies will continue to receive, until March of next year, 40 percent of a minimum wage for each of their workers (a percentage that is increased to 50 percent for women); For the tourism, gastronomy, hotel, arts, entertainment and recreation sectors, the subsidy for each employee will be 50 percent.
The program for the support to the premium of services (PAP) of December of this year, that grants a subsidy of 50 percent for workers who earn up to one million pesos.
ECONOMY AND BUSINESS
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