Work presents the proposals of the experts to raise the SMI in 2023

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The Ministry of Labor will present on Monday the report of the experts with recommendations on the increase of the minimum interprofessional wage (SMI) for 2023, currently at 1,000 euros gross per month in 14 payments.


The Ministry of Labor will present on Monday the report of the experts with recommendations on the increase of the minimum interprofessional wage (SMI) for 2023, currently at 1,000 euros gross per month in 14 payments.

The second vice president of the Government and Minister of Labor and Social Economy, Yolanda Díaz, participates this Monday at 11.30 am in the presentation of the II Report of the Advisory Commission for the Analysis of the SMI together with the coordinator of the commission, Inmaculada Cebrián, as reported by the Ministry.

The Government’s commitment is to place it at 60% of the national average salary in 2023 but Díaz has made it clear that the 2023 figure must also take into account the loss of purchasing power due to inflation that will be around 8% on average annually.

Díaz has been recalling that article 27 of the Workers’ Statute establishes that inflation and the economic situation are two factors that must also be taken into account when establishing the revaluation of the SMI.

In its June 2021 report, the group of experts proposed three scenarios for the three-year SMI, in which the highest rise would place it at 1,049 euros gross in 2023.

In September, the Ministry of Labour gave the advisory commission two and a half months to submit an updated proposal.

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After this report, Labor will convene the social dialogue table to negotiate that increase with employers and unions although the decision is the prerogative of the Government.

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The Government will seek the agreement of all parties something that is anticipated complicated with an employer that last week decided to break the dialogue with Labor until it rectifies a change agreed with Bildu so that the Inspection controls the causes of the ERE.

From the employers had already been warning that it is not time for “excessive increases” in the minimum wage, while the unions have stressed that the increase must prevent the most vulnerable workers from losing purchasing power if they want to have their support.

UGT has demanded that the SMI rise by at least 10% in 2023 and CCOO has stressed that the increase must reflect the increase in prices.

The minimum wage has risen strongly since the arrival of the PSOE Podemos Government, starting in 2019 with an increase of 22% to 900 euros.

In 2020, the increase was 5.5%, to 965 euros, to which were added 1.57% in 2021, 965 euros, and 3.6% in 2022 to 1,000 euros.



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