Nadia Calviño is in favor of raising the SMI: these amounts are being considered
Good news for employed workers who today collect the Minimum Interprofessional Salary, now set by the Government of Spain at 1,000 euros gross per month. The First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calvinohas assured this Tuesday that is “favorable to the increase in the Minimum Interprofessional Wage (SMI)” and has confirmed the commitment of the Government of Spain in situate it at 60% of the average Spanish salary by 2023.
Calviño has indicated, in the press conference after the Council of Ministers, that the technical groups are working on “the fork of that path of increase” to set the SMI of 2023. In addition, the first vice president has recalled that the SMI has increased “approximately 35%” since President Pedro Sánchez came to the Government.
Increase the SMI by 60% with respect to the average salary
The Executive’s commitment is to finish the legislature with the SMI at 60% of the average Spanish salary. The Ministry of Labor and Social Economy formed a group of experts a few months ago to make new calculationssince the previous ones, which estimated the SMI for 2023 at around 1,100 euros, were made with the data of 2018.
The second vice president and Minister of Labor, Yolanda Díaz, will convene the social agents in a few weeks, already with the updated calculations of the group of experts, to negotiate the 2023 SMI. The setting of the SMI is the responsibility of the Governmentafter consultation with trade union and business organizations, as established in article 27 of the Workers’ Statute.
To establish the SMI figure, the negotiation must also take into account the CPI, the national average productivity achieved, the increase in labor participation in national income and the general economic situation. The Government of Pedro Sánchez and the unions are in favor of raising the SMIwhile employers show caution and defend an appropriate increase for each territory and sector.
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