The CEOE approves the salary increase agreement agreed with the unions on May 8, 2023


UGT will also meet with its executive this Monday to ratify the pact, while CC. oo. will do it tomorrow

The day-to-day management of the employer CEOE unanimously approved the text for the new Employment and Collective Bargaining Agreement (AENC) which includes an indication of wage increases of 4% in 2023 and 3% for 2024 and 2025.

According to business sources, the agreement, the result of negotiations between companies and employees, has not received any criticism.

UGT It also met its executive and CC this Monday. oo. It has convened a meeting of the confederate commission tomorrow, Tuesday, to review the terms of the agreement, which would also consider adding up to 1% each year to the increase in prices.

Negotiations for a new Employment and Collective Bargaining Agreement (AENC) had been on stagnant since May 2022when employers refused to include inflation-related wage revision clauses to guarantee purchasing power, something the unions demanded.

The CEOE also rejected that this negotiating framework included a 2022 increase, i.e. retroactively something that will ultimately be left out of the agreement, though Sordo pointed out that the agreement “does not waive” these possible retroactive improvements.

Source: EITB


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