Thursday, December 8, 2022
US Daily News Onlne


Wages rose 2.4% in April

The average wage increase agreed in a collective agreement was 2.4% in April, the highest since the end of 2009,…

By admin , in news , at May 10, 2022



The average wage increase agreed in a collective agreement was 2.4% in April, the highest since the end of 2009, although 6 points below the forward rate of inflation (8.4%) for the month.

According to data published on Tuesday by labor Ministry and social economy, this average increase corresponds to 2,037 collective agreements with known and registered economic impacts as of April of this year, which are in force in 505,600 companies and affect 5.4 million workers.

The average wage increase was 2.58% for 1,567 company agreements affecting 350,055 employees, while it reached 2.39% for 470 agreements beyond the company, affecting 5 million workers.

it’s growth less than those raised by employers and unions for the year In a negotiating table that is practically broken with the main hurdle in the wage guarantee clause.

Due to high inflation, and not affordable for employers, this equipment is necessary for workers’ representatives.

1.4 million employees, protected with clause

In April 2022, out of 2,037 agreements that had economic impact, 318 had a wage guarantee clause and covered 1.4 million workers.

This guarantee, which protects only 1 in 4 workers with a settlement, implies a revision of wages, which is generally based on the behavior of the Consumer Price Index (CPI).Indian Penal Code) from year to year, although other circumstances may also be agreed upon.

Wage hikes, reflected in agreements in April, have been hit by an increase in Interprofessional Minimum Wage (SMI), which rose 3.6% to 1,000 euros on January 1.

by sectors, high salary increase was noted in construction (3.15%), followed by industry (3.11%), while in services it stood at 2.07% and agriculture at 1.78%.

By the branches of activity, the highest increment was agreed upon domestic employment (6.3%), followed by transport and storage (3.53%), other services (3.47%), water supply (3.24%) and manufacturing industry (3.11%).

Region wise growth experienced in Basque Country (5.13%), Cantabria (4.21%) and Comunidad Valenciana (4.13%) and, at the other extreme, Aragon (1.74%).