The company thus ends four months of negotiations and protests from its employees
After agreement with CC OO and UGT, Inditex will set a fixed minimum salary of EUR 18,000 per year for its employees. The agreement, which comes after four months of negotiations and protests by company employees, will equalize wages across the group, regardless of brand and territory.
In concrete terms, the agreement provides for a salary of 18,000 euros, without supplements, for a dependent who has less than one and a half years of seniority in the company. A maximum of 24,500 euros is also set for store managers.
It is a proposal that, as this newspaper pointed out, was negotiated between the company and the unions, ending the heterogeneity of working conditions that prevailed in the textile group. And it is that despite the fact that the company has more than 145,000 employees in Spain, it does not have its own agreement and their salaries have until now been regulated by the sector’s provincial agreements, which leads to major differences between the group’s employees led.
For example, after the agreement has been reached, the salary of some 25,000 employees that Inditex has in its stores will be standardized and supplemented with a variable remuneration based on the sales participation system.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
