Labor proposes to social agents to increase the minimum wage by 4%, up to 1,123 euros per month

The second meeting between the Government, unions and employers to address the increase in the interprofessional minimum wage (SMI) of 2024 has ended without agreement or date to return to sit at the social dialogue table.

The Ministry of Labor has proposed a 4% increase, which would place its amount in 2024 at 1,123.2 euros per month for fourteen paymentscompared to the current 1,080 euros.

“I am convinced that we are close to reaching an agreement. The demands between the employers and the unions are not very far apart and for the good of the country we will be able to achieve it,” she said. Yolanda Diazsecond vice president of the Government and minister of Labor and Social Economy.

The union leaders in this negotiation, Fernando Lujan (UGT) and Mari Cruz Vicente (CCOO), for their part, consider that this approach is aligned with that of CEOE and Cepymewhich had proposed an increase of 3%, with the possibility of adding up to 1% in case of deviation from inflation.

Likewise, Labor has proposed a bonus in the contributions of the Social Security for the rural sector of 20%, as requested by the CEOE. The Ministry of Yolanda Díaz has also assumed the thesis of the employers’ association, with which they agreed CCOO and UGTto index the rise in the SMI to public contracts.

The union representatives, along with those of the business organizations, had been summoned for this Monday by the Ministry of Labor to continue negotiating the increase in the SMI in 2024. This was the second meeting they held and, after this Monday, there is no date at the moment for a new meeting.

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