The event will take place at the Ministry of Labor at 1 p.m. After signing, the agreement is expected to be approved by the Council of Ministers next week.
The Second Vice President and Secretary of Labor of the Government of SpainYolanda Díaz, and the Secretaries General of CCOO and UGTUnai Sordo and Pepe Álvarez respectively will sign tomorrow, Wednesday, the agreement they reached to increase the minimum interprofessional salary (SMI) by 5%, to 1,134 euros per month for fourteen payments, retroactive from January 1, 2024.
The event will take place at the Ministry of Labor at 1 p.m, as reported on Tuesday by the department led by Yolanda Díaz, which estimates that this increase in the SMI will benefit more than 2.5 million people, a third of whom will be women and young people. The formal signing of the agreement was required before the SMI increase was submitted to the Council of Ministers for approval, which is expected to happen next week.
business organizations CEOE and Cepyme They have not joined the agreement to increase this minimum income, claiming that their demands to index the SMI to government procurement and to introduce bonuses for the rural sector have not been met.
The Spanish executive as well as the CCOO and the UGT were willing to sign a 4% increase if the business organizations would join a tripartite pact. If not, they assured that the increase would be “more ambitious” than the initial 4%.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
