Business Leaders to Adopt Tough Response to Wage Boost
The head of the Beirut Merchant Association Nicolas Shammas said Wednesday that the private sector would adopt a tough response to a government approval to boost wages.
Representatives of the public sector are scheduled to hold a meeting at 3:00 pm to voice their outrage at the wage increase over fears that companies will have to lay off workers and even shut down their businesses.
The business leaders claim that many firms are financially incapable of implementing the decision on salary increases.
They supported the government decision to raise the minimum wage to LL700,000 but insisted on offering a salary increase of only LL150,000 for workers earning less than LL1.5 million.
The cabinet raised by LL200,000 the wages of people earning less than LL1 million. As for those who earn between LL1 million and LL1.8 million, they got a LL300,000 raise.
Shammas told LBC TV network that the government measure is not enough. “What we care about is the improvement of living conditions for all factions in all professions.”
“However, we are open for dialogue and we assume our social responsibilities,” he said.
over 12 years
You are a real idiot! So all people that own businesses are corrupt March 14!!!
And people earning over 1.5M l.l. are the poor worker class!!!
Lebanon isn't competitive anymore and many businesses are going to close.
over 12 years
if the business was only making profits because it was paying low unfair salaries to its employees, then that business doesn't deserve to survive or make any profits for its creator at all...
over 12 years
after a while that ahbal is going to tell us that M8 are communists only thinking of the working classes!
over 12 years
Funny picture :P since when wages were paid in Euro :P. Seriously, all this private industry is a black box, They control 75 to 90% of the most important products and they manipulate prices as they want !!! Monopoly. If 200 alef would affect these big companies, well, min bado ysade2kon ya kezzebin... We beleived you when oil prices reached 147$ per gallon, but now dropped drastically and you keep raising the prices more than the inflation rate, because you manipulate all the products since you have all these exclusivities and you are making huge profits while lower and middle class population are struggelling to survive ( mish killon fi mennon mzabtin 7alon berrane).
over 12 years
@habal
You're an idiot you know that!?
the capitalist corporation class (which is the main finaciers of corrupted march 14) is trying to make another blow to poor workers class.