Wed. Apr 24th, 2019

The average wage increase agreed in the agreement in the first quarter exceeds inflation and reaches 2.20%

The average wage increase agreed in the agreement in the first quarter exceeds inflation and reaches 2.20%


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MadridUpdated:

The average wage increase agreed in the collective agreements registered in the first quarter it has been placed at 2.20%, nine tenths above the advance figure of the interannual CPI March (1.3%) and one year earlier (1.53%), according to data provided by the Ministry of Labor, Migration and Social Security.

This salary increase, slightly more moderate than the one registered until February (2.23%), is in line with the guidelines set in the Interconfederal Collective Bargaining Agreement (AENC) 2018-2020, which raised salary increases of around 2%, plus one percentage point linked to concepts such as productivity, business results and absenteeism .

Until March they have already registered 2,292 collective agreements with economic effects in 2019. Of these, 2,201 were signed in previous years and 91 in the first three months of this year. The former registered an average wage increase of 2.20%, while those signed in the first quarter of the year presented an average increase of 2.27%. Adding both, the average wage increase of all agreements with economic effects in 2019 was 2.20% until March.

These 2,292 agreements provided protection 6.7 million workers. Of the group of agreements, 1,718 were of company, with effects on 384,000 workers and an average wage increase of 1.49%, and 574 were sectoral agreements, which covered more than 6.3 million workers, with an average wage increase of 2.24%.

As for the new bargaining units signed until March, 67 were company agreements, with an average salary increase of 1.82%, while 24 were sectoral agreements, which reflected a wage increase of 2.29%.

The average working day agreed in the agreement has been until March 1,759.9 annual hours per worker (1,724.8 hours in company agreements and 1,762 in higher-level agreements).

7.7% more "inapplications" or "dropouts"

Labor statistics also reveal that until March they were registered 320 Convention inapplications, 7.7% more than in the same period of 2018, which affected 5,290 workers, 6.9% less.

The "suspension" of the agreements supposes the revision of working conditions in companies. The labor reform of 2012, which has been completed for seven years, made it easier for employers and workers to agree on these inapplications.

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