Outsourcing Under The New Venezuelan Labor Law
The recent amendments to Venezuela’s Organic Labor Law impact local and multinational employers in many aspects, especially with regard to the practice of outsourcing. The new Organic Law of Labor and Workers (known as the “LOTTT,” its Spanish acronym) became effective on May 7, 2012, and generally prohibits outsourcing, defined as “fraud or deceptive practices committed by employers, for the purpose of distorting, disregarding or impeding the implementation of labor laws.” The LOTTT charges the […]