02 October 2020 | For: www.cubadebate.cu
. baDuring the working session of the Council of Ministers for the month of September and with the presence of the President of Cuba, Miguel Díaz-Canel, a set of measures was approved to continue advancing in the improvement of state-owned companies. The head of the Permanent Commission for Implementation and Development, Marino Murillo Jorge, commented that all the decisions that have been implemented so far tend to grant greater autonomy to companies and this last group also makes the operation of business units more Among other issues: the distribution of retained earnings after taxes to workers is made more flexible, eliminating the limit of up to five average salaries without conditioning it on compliance or overcompliance with management indicators; generalize "pay for high performance" to the entire business system. Retiring workers can be hired to occupy the same position as the one held at the time of obtaining their pension, provided that it responds to the interest of the entity. The powers are extended to the chiefs; The base business units that are determined prepare financial statements, pay taxes on profits and distribute profits, without having legal personality, establishing as a condition that the company cede part of its assets It is authorized to hire the workers of the entity outside of their working hours in certain services, different from those they perform according to their employment contracts