Hyatt Regency Bouddha Agrees to Provide Minimum Wages to Employees During Reconstruction Period
Author
Marketminds Investment Group

Hyatt Regency Hotel, located in Bouddha, has reached an agreement with its employees to provide them with the government-mandated minimum wage throughout the hotel’s reconstruction period. The hotel has remained closed since the vandalism, arson, and looting carried out during the Gen Z movement on Bhadra 24.
According to the hotel management, the incident caused significant physical and financial damage, making it impossible to resume operations without full repair and restoration. As reconstruction is expected to take at least one year, the management held discussions with employee representatives and agreed to provide minimum basic wages during this period. The hotel will also continue contributing to the Social Security Fund accordingly.
Despite the shutdown, the management stated that the agreement aims to safeguard the livelihood and job security of the employees. Once the repair and reconstruction work is completed, employees who remain in the agreement will be reinstated to their jobs. Most employees have responded positively to the arrangement, according to the management.
However, the hotel also mentioned that employees who do not agree to the terms will be subject to a layoff process.



