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Reduction of working hours in Colombia: how to calculate the value per hour of work?  – Personal Finance – Economics

Reduction of working hours in Colombia: how to calculate the value per hour of work? – Personal Finance – Economics

This July 16, the project that seeks to eventually reduce the working day until reaching 42 hours of work per week will begin to take effect in Colombia. Currently, formal employees in the country must comply with a quota of 48 hours per week; However, from next Sunday the measure will change.+(We recommend reading: Abecé of the reduction of the working day that begins on July 15).The project, covered by Law 2101 of 2021, It will come into force with the reduction of one hour of work during this 2023 and the change will be made annually as follows: in…
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Do luggage racks increase gasoline consumption?  – Sectors – Economy

Do luggage racks increase gasoline consumption? – Sectors – Economy

Although it may not seem like it at first glance, any extra weight or elements placed on a vehicle that resist the advance generate greater fuel consumption. That is why there is aerodynamics in cars, at least drag gender, the less fuel you will consume.According to studies carried out by European clubs such as the Allgemeiner Deutscher Automobil-Club, (ADAC), 100 kilos of extra weight can mean up to 0.3 liters more fuel consumption per 100 kilometers. This has more effect in urban traffic due to the constant stops and starts. That is why it is recommended to remove the vehicle…
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Gasoline: Minister of Finance talks about the price of fuel – Sectors – Economy

Gasoline: Minister of Finance talks about the price of fuel – Sectors – Economy

Ricardo Bonilla, Minister of Finance, spoke to the media and explained that three months are coming to an end with downward inflation; however, the fuel remains persistent. In fact, he gave the price that a gallon of gasoline will reach before the end of 2023. We will tell you. “If we look at it in January of this year, the horizon was 18,000 pesos. 3 months ago 16,000 pesos, today the horizon is going down and it is probably 15,500”, said the ministry. It is important to remember that the current price of gasoline is on average 13,000 pesos nationwide,…
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What is a ‘trust and drive’ employee in Colombia and what about their overtime?  – Personal Finance – Economics

What is a ‘trust and drive’ employee in Colombia and what about their overtime? – Personal Finance – Economics

In the Colombian labor environment, there is a category of employees known as "management, trust and management workers". These workers perform management or administration functions and occupy a special hierarchical position within the company. As expressed by the Chamber of the Court and the extinct labor court on various occasions, the directors, managers, administrators and other employees highlighted in article 32 of the Substantive Labor Code (CST) are examples of this category, although this list it is illustrative and not exhaustive.(You may be interested in: If working hours decrease, the salary also decreases? Everything you need to know). An employee…
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