Puerto Rico Employee Benefits Covenant

State:
Multi-State
Control #:
US-P2104-5AM
Format:
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Description

This is an example of an Employee Benefits Covenant for a Joint Venture that leases employees from the parent entities to the joint venture.

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FAQ

Tit. 29 §271 et seq., along with the Federal Fair Labor Standards Act of 1938 (FLSA) and the corresponding regulations, govern the overtime requirements for non-exempt employees in Puerto Rico. The FLSA applies to every employer with an annual business volume in excess of five hundred thousand dollars ($500,000).

? PUBLIC LAW 87 AUTHORIZATION TO RECRUIT AND TRANSPORT ? It is unlawful for any person, any organization, or the agent of a person or organization, to recruit or transport laborers for employment outside Puerto Rico without authorization by the labor secretary.

Puerto Rico labor laws regarding the payment of overtime are more favorable to workers that the federal overtime laws and require: time and a-half the regular hourly rate be paid for all hours worked over 8 hours per day. double time on statutory rest days; double time for hours over 40 per week.

Vacation/Annual Paid Leave Accrual of vacation is at the rate of one and one quarter (1 1/4) day per month, for a total of fifteen (15) days per year, provided that the employee works at least one hundred and thirty (130) hours during the month in which the accrual takes place.

Act 80 (the Unjust Dismissal Act) regulates employment termination of employees hired for an indefinite term. Puerto Rico is not an 'employment at will' jurisdiction.

Employment law in Puerto Rico is covered both by U.S. labor law and Puerto Rico's Constitution, which affirms the right of employees to choose their occupation, to have a reasonable minimum salary, a regular workday not exceeding eight hours, and to receive overtime compensation for work beyond eight hours.

Yes, there are US federal laws and local laws in Puerto Rico prohib- iting discrimination and harassment in employment. Local anti-discrimination laws include: ? Law No. 100 of 30 June 1959 (the General Anti-Discrimination Act), as amended in 2013 by Laws Nos.

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Puerto Rico Employee Benefits Covenant