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The Business Environment of How to Retire Happily in Peacefull Costa Rica by Frank Thomas Gallardo. Page 115 The text and ilustrations of this page are copyrighted © by Frank Thomas Gallardo and Editorial Texto. Please do not copy. To order the Book: Click here

 
Costa Rica Information

The Business Environment

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Content
Home / Preface
5 - Costa Rica in Brief
6 - Map of Costa Rica
8 - Symbols of Costa Rica
9 - Introduction
12 - Getting a Bird's Eye View
14 - Why Choose Costa Rica?
18 - Costa Rica Has Many Firsts to its Name
22 - A Place That Accepts All Races
30 - The Friendliness of the Costa Ricans
33 - Ticos are Individualistic
35 - Ticos Are Different and Procrastinators
38 - Why Others Have Gone Abroad
42 - Specific Reasons for Leaving Home
45 - Culture Shock
48 - Enjoy Your Retirement by Adjusting
49 - Ways to Adjust to Your New Life
56 - Making Your Stay More Satifying
58 - Cost of Living
67 - Addresses and Directions
69 - Your Car and Driving
71 - How Not to Be Obnoxious to Locals
74 - Adjusting to the Weather and Climate
76 - Choosing the Right Climate for You
77 - City Living versus Country Living
79 - Where to Live in Costa Rica
82 - Living in Your American Style
84 - Top Quality Health Services
87 - Medical Centers in San José
89 - Dying in Costa Rica
91 - Security and Safety in Costa Rica
94 - Personal Experiences of Petty Thievery
98 - Sex and Romance
101 - Going into Business Yourself
105 - Expatriates Production Enterprises
110 - Expatriates Service Businesses
114 - The Business Environment
120 - Helpful Tips for the Newcomer
125 - National Holidays and Festivities
128 - Religion, Churches & Support Groups
131 - The Optimism and Health Link
133 - The 8 Point Formula for Anti-Aging
134 - Obtaining Insurance
136 - Early Colonial History in Brief
139 - English Language & Tico Expressions
144 - Misdemeanors That Are Now Felonies
146 - Closing Words
148 - Bibliography
149 - For More Information and Contacts
151 - Appendix
155 - Index

Correct employee selection is not always done

Be sure you screen out very carefully prospective employees before hiring them. Once you've had them for sometime the labour laws make it expensive to get rid of them. The employee is due annually a two weeks vacation, a thirteenth month salary payment at Christmas and a minimum raise every six months as the government may decree. You have to sign them up in the government's social security health-care system. The employer contributes 23% of the worker's salary while the employee himself puts up 9%. Adequate employee protection is beneficial for both employee and employer.

It's usually a good idea to insure the employee against labour accidents and this can be done at the National Insurance Institute. When the worker is to be separated from his job, the employer must give him a one month's notice with salary and then severance payment amounting to one month's salary for every year employed. Also must be computed the proportional part of vacation time and Christmas payment due him. However, if the employee has been fired for a good reason, no severance payment is due.

If the employee is not satisfied with the way his severance pay was computed, he can appeal to the Labour Tribunal and have his case studied and decided there. Although the Tribunal is supposedly very legal, my personal feeling is that there's a tendency to decide in favour of the employee or "the weakest one". The Labour Code is very specific in defining the obligations of both employee and employer and it's recommended you buy a copy of the Code and keep it handy for future reference. Or you might consult your lawyer.

Not too many professional managers are yet available for good management

If your business grows to a point where you alone can't handle the management because of its complexity or because it's taking too much of your time, then look for someone who bas experience in money matters and can handle the day to day details which the business requires. But in looking for one is not easy. You might run a small ad in daily La Nación calling for resumes, ask friends for suggestions or go directly to some of the universities that have a strong business management department. Some private job placement agencies now exist; previously they were prohibited by law. The Ministry of Labour has its own bolsa de trabajo (job pool) which can be accessed by private enterprise when looking for persons to fill specific jobs.


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