Executives, heads of private trade organizations and economists expressed their support of House Bill 1634, which proposes the repeal of Law 80, during the second day of public hearings at the Puerto Rico House of Representatives.
As the Puerto Rico Senate approved Bill 1011 to repeal Law 80 of 1976, with a number of amendments, the Financial Oversight and Management Board for Puerto Rico released a 2,000+ page document on labor reform, that called the long-standing mandate “part of the problem.”
One of the main benefits that a company offers its employees is the medical plan.