LCT 20744 PDF

Law the Ley de Contrato de Trabajo (LCT, Labor Contract Law). Crafted in under a conservative dictatorship and modified only slightly ever since. The bill also proposes various changes to Labor Contract Law (Ley de Contrato de Trabajo, or “LCT”) No. 20, A category called. 20, (“LCT”) – libro de sueldo- or in labor documentation that takes its place, according to the particular regimes; and b) simplified AFIP.

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Labor Reform: Amnesty and Moratorium

Hiring workers in Argentina is one of the next steps a foreign company wishing to do business has to undertake once it has set up its business organization [1]. Labor relationships in Argentina have strong protection and are governed by the National Constitution [2]international treaties, the Law of Contract of employment Number 20, as amended Ley de Contrato de Trabajoor LCT by its Spanish Acronym [3]further applicable laws [4]the collective bargaining agreements and the specific stipulations of the individual contract of employment the employer enters with a certain worker.

Public policy has a decisive influence on labor laws, and hence most legal provisions are of an imperative nature and may not be overridden by individual agreements.

Argentine labor laws apply to all employees working in the country, regardless of their nationality. Foreign workers may be freely hired, as long as they first apply for, and are granted a temporary residence by the Argentine migration authorities [5].

No minimum percentage of national employees is required. As a general principle, the labor contract is entered into for an indefinite period LCT, Article Number 90and need not be implemented in writing. Exceptions to the undetermined duration of the contract of employment, only applicable to very specific circumstances, are: Indefinite-term contracts of employment are considered to be entered into on a trial basis for a three-month period.

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During this probationary period, the employer may terminate the agreement at any time, with oct sole obligation of serving a day prior notice, or pay the salary corresponding to those days in case of lack of said prior notice LCT, Article Number 92 bis.

La intimación a jubilarse del trabajador comprendido en un régimen diferencial | El Cronista

The workday may not exceed nine hours a day or 48 hours a week. Overtime may not exceed 30 hours a month or hours a year unless authorized by the relevant labor authority. Directors and managers are excluded from any shift limit and do not earn an extra salary when working longer hours. However, they are entitled to a weekly rest.

Night work and unhealthy activities have shorter shifts and further protections.

LCT N° by Carolina Ferré on Prezi

Teamwork has specific regulations. However, collective bargaining negotiations always set higher basic salaries for the different productive activities.

All workers are also entitled to a thirteenth month of salary, paid in two installments in June and December [6]. In future releases of this guide, we will cover the other basic aspects to be considered for those companies doing business in Argentina.

Hiring workers in Argentina: a guide for foreign companies

In the meantime, for additional information on these or any other issues related to doing business in Argentina, please, sign up for our Legal Blog or contact us at any time. If you liked the article, please, share it.

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Cryptocurrencies in contracts is a phenomenon of relatively recent emergence and growing use that, at this point, cannot be ignored by national laws. The so-called cryptocurrencies or virtual currencies bitcoins being the best known are denominations of the same reality: Following, you will find a brief registration of the upcoming timeline that will be in force as of 17 September Foreign companies registration in Argentina has just been greatly simplified by the Public Registry of the Autonomous City of Buenos Aires.

Laboratories and other healthcare industry companies granting payments and benefits to physicians may face different liabilities under Argentine Law, calling for a cautious and thorough analysis before any marketing action based upon those gratuities is launched.

Hiring workers in Argentina: The general principle of the contract of employment As a general principle, the labor contract is entered into for an indefinite period LCT, Article Number 90and need not be implemented in writing. Workday The workday may not exceed nine hours a day or 48 hours a week. Recent articles in our Legal 02744.

Following, you will find a brief registration of the upcoming timeline that will be in force as of 17 September read more.