The government’s discomfort with the business sector was also noted when Matías Kulfas, Minister of Productive Development, in recent interviews assured that “business profitability allows salaries to be granted above inflation”.
Although in the case of teachers, the Government authorized a 45.5% increase in the national wage floor, with a view to defining the new minimum wage, the intention to agree on a staggered rise of around 40% and incorporate a clause review for the month of September. With this scheme, the current floor, which determines the salary level of some 350,000 workers outside the agreement and constitutes the main reference for salaries in the informal sector and the amount of social plans, would rise from $33,000 (to the value that governs from February) to an amount of around $46,000.
For Moroni, the joint scheme provides for “working with a guideline of 40%” with “reviews six or seven months” after the signing of the salary agreement. In 2021, the most powerful unions closed agreements with increases of around 54%. In this context, the Minister also anticipated that in the event that inflation increases, the same scheme as in 2021 will be taken again and the reopening of parity will be requested.
For the unions, the inflationary guideline of the frustrated 2022 Budget will not be met. It is worth remembering that the number that the Minister of Economy had estimated was around 33%. However, January inflation anticipated that it will be a difficult year and the goals set by the Monetary Fund predict a complicated situation for wages.
“We are not going to talk about a 40% floor in the Salary Council. That figure falls short,” Huyo Yasky, head of the Workers’ CTA, anticipated last week. And he warned that the unions will seek to take away from the Salary Council a concrete guarantee that “we don’t have to run behind” inflation. For the unions, any agreement must incorporate a periodic scheme for reviewing the guideline and negotiations that set the increase for the entire year are ruled out.
The last increase in the minimum wage was defined in September of last year. Then, a total annualized increase of 52.7% was resolved until March 2022, with which the floor reached $33,000 since February and, consequently, the amount of social plans such as Enhance Work was $16,500, half of the minimum amount.
Source: Ambito
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