enter this calculator online from The Republic and find out how much is the amount that you should receive until May 15. This May 15 is the deadline for the companies deposit the Compensation for Service Time (CTS) to their workers in order to support them financially in the event of an emergency, such as […]
Tag: economy
In what cases of dismissal can my CTS be withheld by my employer?
May 15 is the deadline for companies to deposit Compensation and Time for Services (CTS) to their workers. This benefit Its purpose is to financially support the employee at the time your employment relationship ends. However, since 2020, due to the financial needs caused by the pandemica series of decrees were approved to provide for […]
Luis López-Calva: “Low economic growth affects poverty reduction”
With a level of Peruvian poverty above the average for Latin America and with inequality below the regional average, the challenges facing Peru are significant, highlights the representative of the World Bank, a multilateral entity that recently revised our GDP forecast to 2.0% for 2023. —How has the pandemic left Peru in terms of poverty? […]
With the US economy slowing, the Fed focuses on inflation
Dark clouds are gathering over the US economy, but the Federal Reserve (Fed)which will meet this week, maintains the course of its strategy despite the looming storm and seeks to continue trying to tame the inflation. The priority of the Fed (central bank), whose economic policy committee will deliberate Tuesday and Wednesday, is to prevent […]
ᐅ Food Bonus 2023 in April: official LINK for consultation HERE
Which is the OFFICIAL LINK of the Food Bonus 2023? | More than 400,000 people still have not received this important subsidy state. It is for this reason that the Ministry of Development and Social Inclusion (Midis) called on citizens to ask if they are beneficiaries of this financial assistance equivalent to S/270. How do […]
Biden: Increase in US debt ceiling “is not negotiable” with Republicans
The increase in the debt limit of USA by Congress “It is not negotiable”said the president Joe Biden on Wednesday, when Republicans expect to vote on a bill tying this measure to a cut in the public spending. It would “Happy to meet with (House Speaker Kevin) McCarthy, but not to discuss whether or not […]
What are the districts of Lima that increased the most in price to rent a home?
During the last 12 months, the rental price of homes in the capital has increased, to the point of reaching its all-time high: S/2,900 for a department of 100 square meters, according to a report from Urbania. Which are the districts of Lima whose rental prices rose more? We tell you here. According to the […]
If my day off falls on Labor Day, how much pay do I get?
This Monday, May 1, is celebrated in the Peru and in most countries one of the most commemorative dates on the calendar: Labor Day. This event aims to vindicate the labor rights and the world labor movement. What happens if my weekly rest day falls on May 1? Do I receive an additional payment? Up […]
CTS in May 2023: can this money be seized if you have food debts?
May 15 is the deadline for companies to deposit the Compensation and Time for Service (CTS) to their workers on the payroll The purpose of this social benefit is to raise a fund that allows the worker —in the face of the possible termination of the employment relationship— to cover his needs and those of […]
When is a person considered poor and extremely poor in Peru?
The pandemic of COVID-19 raised the poverty figures in Peru due to the partial stoppage of the majority of economic activities. From that period to the present, considering the inflation of 2021 and 2022, the signs of an improvement to pre-pandemic levels are not the most encouraging. The data from the latest report from the […]