bonus

Caracas, June 23, 2026 (venezuelanalysis.com) – Thousands of retired workers from Venezuelan state telecommunications company CANTV have staged protests in recent days to demand the restoration of a monthly “income complement” payment.

On Thursday, CANTV suspended the US $200 monthly payment with no prior notice. The measure prompted emergency rallies outside the firm’s headquarters in Caracas, Barquisimeto, Valencia, and several other Venezuelan cities on Friday.

Active workers received the bonus as scheduled, though many joined the protests in solidarity.

The cutback reportedly affected around 10,000 retirees for whom the bonus represents over 70 percent of their monthly income. Many told reporters that the unjustified cutback placed an immediate strain on day-to-day survival, especially for those suffering from chronic illnesses.

The swift grassroots response prompted the company to backtrack and pay the retired workers $150 over the weekend. The CANTV retired workers’ plight also drew support from the World Federation of Trade Unions.

“The company thought that we would be the weakest link in their bid to cut costs at the workforce’s expense,” retiree Arturo Morgado told Venezuelanalysis. “But the protests all over the country told a different story.”

Monday saw around 300 workers demonstrate again outside CANTV headquarters in Caracas. A commission from FETRAJUTEL, a trade union representing the firm’s retired workforce, met with the CANTV board but received no commitment that the remaining $50 will also be paid. 

The announcement led protesters to temporarily block Libertador Avenue in central Caracas, vowing to maintain the pressure until the full bonus is restored.

“We are going to continue fighting, for the entire bonus and for other rights established in our collective bargaining agreement, including financial support for medical expenses and incomes that cover the cost-of-living,” Morgado added. “The company put these commitments in writing in a meeting with unions in late 2023.”

The former CANTV technician highlighted the “moral strength and honesty” of the retired workforce and warned that the present bonus-over-wage government policies leave workers vulnerable to discretionary cuts. Morgado’s social security pension is worth 570 bolívars per month, less than $1 at the present exchange rate.

With the Venezuelan economy heavily sanctioned by the US, the Nicolás Maduro government increasingly turned to non-wage bonuses while letting the minimum wage continuously devalue. Trade unions have criticized the policy for cheapening labor costs for employers and contravening the existing labor law.

Since taking over in January, after the US kidnapping of Maduro, Acting President Delcy Rodríguez has maintained the policy. On May 1, she increased the minimum monthly income for public sector workers to the official bolívar-equivalent of $240 a month, while pensioners received $70. Public sector retirees are entitled to $170 monthly, but in certain cases, like CANTV, they have secured improvements in direct negotiations with the company.

The labor dispute comes amid a controversial effort by the Rodríguez administration to “reengineer and restructure” the Venezuelan state, including public companies such as CANTV. The state telecoms provider was privatized in 1991 under the terms of IMF-imposed structural adjustment and partially acquired by a consortium headed by GTE, today Verizon. CANTV was re-nationalized by the Hugo Chávez government in 2007 and is currently under the purview of the Ministry of Science and Technology.

Education Minister Héctor Rodríguez, tasked by Miraflores with leading the state reform commission, recently sought to allay fears of massive public sector layoffs. He instead  suggested that workers might be “strategically relocated and retrained” in order to improve the public sector efficiency.

The acting administration has likewise launched a process to determine the “strategic” value of state-owned assets. A commission, featuring government officials and private sector representatives, will recommend whether the state should retain ownership of firms, land estates, and other assets or open them for privatization.

Financial advisory group Orinoco Research identified CANTV as a prime candidate for privatization, while libertarian think tank CEDICE Libertad called the prior sale of the telecom company a “model to replicate.” The 1991 privatization was followed by a process of asset stripping that dismantled the firm’s regionally advanced technical base and institutionalized outsourcing and arbitrary firings.

Edited by Lucas Koerner in Caracas.

The budget airline is set to increase the staff bonuses for catching those out who travel with oversized baggage as travellers will be issued a £65 fine for the large luggage

Ryanair is planning to increase staff bonuses for hitting passengers with oversized baggage fines.

Michael O’Leary is set to increase the bonuses given to staff members who dish out additional charges to those with oversized luggage.

The chief executive said that after it emerged that his staff were incentivised to catch passengers out the number of travellers stopped with oversized baggage had dropped.

The budget airline staff are currently paid €2.50, roughly £2.17, for every oversized bag they identify.

Passengers are made to pay an additional €75 (£65).

The change could see workers receive a €3.50 bonus for everyone they catch out, according to The Times. This bonus for Ryanair workers was already increased in November 2025 from €1.50.

“The number of outsized bags is falling from, I don’t know, 0.0001 [per cent] to 0.00001,” O’Leary said.

“As the numbers fall, I think we will up the rate of commission, from €2.50 to €3.50 or so.

“Everybody must know, do not show up with a bag that doesn’t fit in the sizer because you will be charged.”

All fares include one small personal bag (40 x 30 x 20 cm) that must fit under the seat.

Cabin bags can be purchased and weigh up to 10kg, the (55x40x20cm) item must fit in the overhead locker.

At the time of the incentive increase last year, O’Leary said about 200,000 passengers per year have to pay extra to put carry-on luggage in the hold, and he has no sympathy for “chancers” trying to bring “rucksacks” aboard.

The CEO added: “We’re the airline with the lowest air fares in Europe,”

“Those are our rules. Please comply with the rules, as 99.9% of our 200 million passengers do, and you won’t have any problem.”

He claimed if people “comply with the bag rules then everyone will board faster” and there will be “fewer flight delays”.

The announcement comes after the Ryanair boss said that airport bars should stop serving alcohol early in the morning.

The CEO claimed his airline is being forced to divert flights almost daily because of drunken, aggressive passengers.

Pubs in airports do not follow the same licensing rules as bars outside these environments do.

Mr O’Leary said that changing this will support his airline and others because it would help cut out aggressive behaviour in the skies.