Chile Labor Reform – Union’s Right To Access Financial Information
Pursuant to Law 20.940 (the “Labor Reform”) which has entered into full force as of April 1st, 2017, employers have the obligation to periodically deliver certain documents to unions, which varies depending on the company’s size.
1. Large Companies.
Companies that have 200 employees or more, must provide the following informatation on a yearly basis:
Balance Sheet;
Income Statement;
Audited Financial Statements; and
All public information that, according to the legislation currently in force, must be […]