Glossary entry (derived from question below)
Spanish term or phrase:
fondo de garantía laboral
English translation:
wage guarantee fund
Added to glossary by
Alison Imms
Jul 9, 2012 22:39
11 yrs ago
25 viewers *
Spanish term
fondo de garantía laboral
Spanish to English
Social Sciences
Economics
Hello,
In a contract from Venezuela for the supply of services the contract states that amounts of money owed must be paid unless they are not recoverable because they constitute a "fondo de garantía laboral".
I am not sure exactly what this is. I have found several references on the internet and am thinking that it might be a "wage guarantee fund", but then I am not sure if it is not an "employment guarantee fund" or some other type of fund.
Is anybody an expert on the subject?
Thank you!
_________________________________________________________________
El saldo resultante de lo señalado en el párrafo anterior deberá ser satisfecho, al momento de la firma del finiquito correspondiente, por la parte que resultare deudora a la que resultare acreedora, salvo que dichas sumas no sean exigibles POR TRATARSE DE FONDO DE GARANTÍA LABORAL.
In a contract from Venezuela for the supply of services the contract states that amounts of money owed must be paid unless they are not recoverable because they constitute a "fondo de garantía laboral".
I am not sure exactly what this is. I have found several references on the internet and am thinking that it might be a "wage guarantee fund", but then I am not sure if it is not an "employment guarantee fund" or some other type of fund.
Is anybody an expert on the subject?
Thank you!
_________________________________________________________________
El saldo resultante de lo señalado en el párrafo anterior deberá ser satisfecho, al momento de la firma del finiquito correspondiente, por la parte que resultare deudora a la que resultare acreedora, salvo que dichas sumas no sean exigibles POR TRATARSE DE FONDO DE GARANTÍA LABORAL.
Proposed translations
(English)
3 | wages guarantee fund | David Hollywood |
5 | unemployment severance fund | Alex Newbery |
3 | unemployment benefits, state unemployment insurance | Kelly Efird |
Proposed translations
1 hr
Selected
wages guarantee fund
WAGES GUARANTEE FUND (CIG)
www.eurofound.europa.eu › ... › EMIRE › ITALY › Letter C14 Aug 2009 – In cases laid down by law, the Wages Guarantee Fund makes up the pay of employees affected by lay-offs (see suspension of work ) or ...
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Note added at 1 hr (2012-07-09 23:58:45 GMT)
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might work in your context ...
www.eurofound.europa.eu › ... › EMIRE › ITALY › Letter C14 Aug 2009 – In cases laid down by law, the Wages Guarantee Fund makes up the pay of employees affected by lay-offs (see suspension of work ) or ...
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Note added at 1 hr (2012-07-09 23:58:45 GMT)
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might work in your context ...
4 KudoZ points awarded for this answer.
Comment: "Thanks! I did end up using "wage guarantee fund" in the end. "
1 hr
unemployment benefits, state unemployment insurance
Quizás esté relacionado con lo que hay en el EE.UU. "unemployment benefits" o "state unemployment insurance", o sea subsidio por desempleo.
22 hrs
unemployment severance fund
Es un fondo que se destina para casos de despido o problemas para garantizar el pago a los obreros o empleados.
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