The €80 increase was approved at a meeting of Mr Sanchez’s cabinet on Tuesday and will apply retroactively from January 1.
Pedro Sanchez’s government decided to raise the minimum wage by 8% to €1,080 gross as Spain entered an election year.
The €80 increase was approved at a meeting of Mr Sanchez’s cabinet on Tuesday and will apply retroactively from January 1.
According to estimates by the Socialist government (PSOE), some 2.5 million workers will benefit. Spanish law provides for 14 wages. This increase could be “life-changing,” said Labor Secretary Yolanda Diath.
Since Mr Sanchez took over, the minimum wage has risen by €344, or 47% in almost four years. The increase decided yesterday followed negotiations with unions in January. Employers’ representatives did not take part in them.
The president of the business association CEOE, Antonio Garamedi, protested the fact that Madrid did not invite the body to take part in the social dialogue. The union proposed a 4% increase in the minimum wage.
The Spanish right accuses Mr Sanchez of a measure of a “pre-election nature”.
Spain is going through a “super” election year: on May 28 regional and local elections are held; at the end of 2023, possibly at the beginning of December, the composition of the parliament is renewed.
Source :Skai
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