Key parity: a major union close to agreeing to compensation for wage gains

Although an understanding remains to be reached, the

is advancing steadily to incorporate a new element for a traditional activity salary agreement: the

that offsets part of the discounts due to the effect of the Income Tax

The claim was raised by the Banking Association, the union led by the Kirchnerist Sergio Palazzo, from the start of the salary negotiation, but only in the joint hearing on Monday the business entity that groups the public banks (Abappra) presented a

to meet the request, which was not accompanied by the chambers that bring together the private banks (ABA, ADEBA and ABE), which nevertheless agreed to analyze the initiative.

The offer contemplated the

, the months of May and September, for an amount from $12,500 to $136,500 depending on the category of activity and in addition to the proposal for an increase in 30% in three installments for the first semester of 2023.

Although the union rejected the offer of compensation for considering it "insufficient", it will await the new joint hearing called by the Ministry of Labor for this Wednesday with the expectation that all the chambers of the financial sector formalize a new proposal that unlocks the negotiation and avoid new measures of force in the activity after the expiration of the mandatory conciliation ordered by the labor authorities.

Labor Minister Kelly Olmos led the joint audience for the banking sector.

"It is urgent and necessary that there be compensation that reduces the impact of the Income Tax on wages," insisted the Palazzo union in a statement released at the end of the meeting they held with the representatives of the banks and led by the minister of Labor,

.

Increase under the gaze of Massa

From the beginning of the discussions, the parties advanced in a rapprochement for the salary increase for the first semester, which contemplates a rise of 29.5% in three tranches (11.5% since January, 9% in March and another 9% in May) and with a review that same month, in line with the claim of the Minister of Economy,

, that the joint ventures be in a column with an annual guideline of 60%.

But the union refuses to sign the agreement without an additional increase that compensates for the discounts for Profits, which in the case of banking activity impacts most of the agreed salaries.

The novelty of this compensation is also

, which could pressure to include the same benefit in their respective agreements.

The bank parity is also a key precedent for the hot season of salary negotiations in the private sector, which will start this month with discussions in activities such as Commerce, the construction and metallurgical industry, the oil sector , refrigerators, service stations, food factories, dairy production, health, insurance and electricity, among others, which together cover around 3 million workers.

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