Despite opposition from the Fiscal Oversight Board (JSF), Governor Peter Pierluisi He anticipated this Monday that he will sign the bill that gives way to the labor reform because he understands that “it makes more attractive and safer” the entry to work at a time when there is a lack of labor.
“I announce that I have decided to sign the labor reform project that increases rest time, fringe benefits, and employment protections for workers in the private sector in Puerto Rico. This new law makes it more attractive and safer to enter the workforce at a time when the vast majority of companies are looking for employees and when we need more workers to advance the reconstruction of Puerto Rico,” said the chief executive in a television message.
In addition, he justified his decision arguing that a well-paid employee is more productive.
“An underpaid and burnt out employee will always be less productive than one who feels well compensated and protected. For example, an employee should be entitled to a reasonable period of vacation per year, because that increases – not decreases – his productivity, ”he said.
Pierluisi immediately made it clear that he does not agree with the Board’s decision not to endorse the measure.
“The Oversight Board threatened to invalidate the labor reform law as approved, reaffirming its ideological position against any labor market regulation. The Board alleges that it would negatively impact our economy, labor participation and the effectiveness of the credit for work program, reducing government revenues. I do not agree ”, he sentenced.
“The position of the Board does not make sense, because what we are doing is improving the compensation and rights of our working class at a time when there is a shortage of employees in key sectors of our economy, such as construction and tourism,” he added. Pierluisi.
The governor had anticipated his decision in recent days when, to questions from the press about the refusal of the Board, he said that he would not acquiesce to the position of the federal entity.
“The Board raised an objection. I want to review it carefully to see if that objection is founded because not necessarily because the Board expresses itself in one way, I am going to agree. No. It may be that I disagree. It remains to be seen what was the foundation raised by the Board. In the same way, when they talk to me about the fiscal plan, this is not like anything that could be inconsistent with the fiscal plan, so it violates PROMESA,” the governor said at the time.
Pierluisi said that his endorsement of the labor reform has the people as a priority.
“For this reason, I always seek to strike a good balance between the interests of all sectors in Puerto Rico and I remain focused on promoting sustainable economic development, speeding up reconstruction throughout the Island, modernizing our critical infrastructure, promoting greater efficiency in government, make viable a comprehensive tax reform that reduces taxes for your family and your business, and make Puerto Rico the best place to live, work, invest and retire,” he said.
The project of the House of Representatives 1244, which amends labor laws, had been before the consideration of the chief executive for more than a week after being worked on by the Legislative Assembly with multiple amendments.