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The UOCRA agrees a salary increase of 47.8% and the floor of the joint women is already close to 50%

2021-08-02T22:33:10.655Z


The union had signed an agreement in April for 35.8%, which has now been revised. 08/02/2021 18:50 Clarín.com Economy Updated 08/02/2021 19:27 Less than four months ago , in mid-April, the UOCRA had closed a salary agreement for 35.8% with a review clause in case inflation exceeded that percentage. After appealing to that clause, this Monday the union signed a new joint agreement that stipulates a wage increase of 47.8% for construction workers, as announced by the UOCRA. T


08/02/2021 18:50

  • Clarín.com

  • Economy

Updated 08/02/2021 19:27

Less than

four months ago

, in mid-April, the UOCRA had closed a salary agreement for 35.8% with a review clause in case inflation

exceeded

that percentage.

After appealing to that clause, this Monday the union signed

a new joint agreement

that

stipulates a wage increase of 47.8%

for construction workers, as announced by the UOCRA.

The increase achieved by the union led by Gerardo Martínez brings the new floor for joint ventures closer to 50%.

Due to inflation, the UOCRA requested the revision of the April agreement.

Due to

high inflation

, one by one the joint agreements that had been signed in the first months of the year began to be reviewed.

The Banking Association, for example, which had signed a 29% salary adjustment last January,

in line with the Government's claim

and the inflationary pattern foreseen in the 2021 Budget, which was far behind.

Finally, last June the union and the chambers that group financial institutions sat down again last June and

signed a new agreement that was close to 43%

.

The Trade union, which had agreed to a 32% salary increase for commercial employees in April, is now negotiating the revision of its parity.

Claim a 44% increase.

In addition to high inflation, the

other thing that moved the parity floor was the rise of 40%

that Cristina Kirchner and Sergio Massa, presidents of the Senate and the Chamber of Deputies, granted to legislative personnel, at the beginning of June.

That was the sign that the ruling party was giving the

green light

for increases of at least 40%.

The new deal

The agreement that the UOCRA closed this Monday with the Argentine Chamber of Construction has yet to be formalized, but the intention is to take it to the Ministry of Labor this Tuesday to be approved.

It is customary for UOCRA and the Construction Chamber to

negotiate their joint ventures without the intervention

of the labor portfolio.

The new agreement

contains another review clause

: if inflation exceeds 47.8%, the parties will have to sit down to negotiate again.

The agreed salary increase reaches

320,000

construction

workers

in the country.

It is one of the most numerous activities in the private sector.

In the agreement signed in April, the

following scheme

of salary increases

had been established

: 12% in April, 10% in July, 7% in October and 6.8% in February 2022.

These tranches are

now added 5% in September, 5% in January 2022 and 2% more in March.

In total, the increase is 47.8% in

7 tranches.

Source: clarin

All business articles on 2021-08-02

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