How To Dismiss Underperforming Employees In Bolivia

Labor regulations in Bolivia have created a worker-friendly environment with protections to help the workforce. While this is beneficial to employees, it brings many challenges to employers especially when it comes to dismissing employees that are underperforming.

HR rules and regulations are among the reasons that Bolivia ranked as one of the most complex countries in the world to do business in, according the Global Business Complexity Index 2019. Understanding the local laws and how to correctly create an employment contract can help your business when dismissing employees.

Importance of the employment contract

Before the employee begins their role within the company, the employer must create an employment contract which contains information about employee performance. This contract must very clearly state the rights and obligations that the worker or employee has towards the company...