Pkhakadze on Planned Changes in Labor Code: This Will Increase Unemployment and Reduce Salary

Georgian Business Association President, Soso Pkhakadze declared, that adopting the changes in Labor Code, which is lead by Dimitri Tskitishvili, will impede the economic development of the country. 

"We reckon, that relevant part of planned changes in Labor Code need to be treated with caution since it breaks balance between employed and unemployed and all this can harm the business. Moreover, we think, that it will increase unemployment and reduce salary, which will raise the problems in different industries. I don't think, that it is in someone's interest." stated Pkhakadze and marked out particularly crucial matters for business.

"One of the examples is to determine standard working hours, while second issue implies limitation of overtime working hours. The next point involves compensation for overtime hours. Also, there are problems in forming, stopping and signing negotiations and in internships. 

"We have permanent contacts with the government and executive branch, with whom we discussed the dangers of these changes and I think, that they understand the potential of risks. In total, checked and balanced document will not damage the state and will support economic development.", stated Soso Pkhakadze.