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Díaz's group of experts defends raising the Minimum Wage between 4.6% and 8.2% as of January

2022-12-19T07:10:50.623Z


The experts of the second vice president, Yolanda Díaz, defend that it is possible to raise the Minimum Interprofessional Wage again in 2023 between 4.6% and 8.2%, according to...


The experts of the second vice president,

Yolanda Díaz,

defend that it is possible to raise the Minimum Interprofessional Wage again in 2023

between 4.6% and 8.2%

, according to sources familiar with their report.

This is the so-called Advisory Commission for the Analysis of the Minimum Wage that officially presents this Monday the result of its work to Díaz and they consider it possible that the SMI will rise this year to between

1,046 and 1,082 euros with fourteen payments.

It is currently in a thousand euros.

In their work they include a fork with four possible rise scenarios that will correspond to Díaz and the Government as a whole to choose, according to this newspaper in its Monday edition.

The first is from the aforementioned 4.6%, the second, from 5.4%, the third, from 6.6% and the fourth, from the aforementioned 8.2%

.

According to these experts, the increases are necessary due to the greater impact that, in their opinion, the rise in inflation has among the population groups with lower incomes.

Both the Bank of Spain and Cepyme, among others, have warned that strong increases in the SMI overload costs and penalize job creation, but Díaz's experts maintain that the increases do not cause unemployment.

They bet that its biggest effect would be

a slowdown

in job creation, but not layoffs.

Regarding the Government's commitment to achieve in this legislature an SMI that represents 60% of the SMI, the experts see it as feasible with various scenarios, thanks to the fact that the Government plans to raise the minimum exemption in personal income tax to 15,000 euros.

By making fewer withholdings, the holders of the SMI would reach 60% in net terms even with lower increases than expected.

It remains to be seen which scenario the Government chooses, because, although Díaz is in favor of maximum increases in the SMI, the first vice president,

Nadia Calviño

, offers to negotiate with CEOE and Cepyme in exchange for them accepting a broader income agreement.

The employers have broken with Díaz for modifying, in her opinion, the labor reform through pacts in Parliament with Bildu.

According to the criteria of The Trust Project

Know more

  • Nadia Calvino

  • personal income tax

  • carmen bald

  • bildu

  • minimum salary

  • Articles Carlos Segovia

Source: elmuldo

All news articles on 2022-12-19

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