According to official sources, the new improvement could be around a 40% increase. However, it is not ruled out that the inflation data measured by INDEC slips into the discussion table to point to 45% as a base. As this newspaper reported, the negotiation between the State, the business chambers and the workers’ unions will take place under the premise that the administration of Alberto Fernández will agree to keep the instance permanently open to guarantee that any agreements reached that day can be submitted to just a review inflation threatens to liquefy the increases.
The deliberations will have as a framework the intention of the Executive to apply for this instance the guideline of 40% increases (it would give a new minimum of $46,000) that it seeks to extend in the parities of the private and public sectors.
The salary floor, key years ago to guide other joint discussions, adjustments in the informal sector and as a reference for various types of hiring, currently has its main impact on the value of social plans paid by the Government. This is the so-called “complementary social salary” that is equivalent to half of a minimum salary as well as the value of the REPRO subsidy paid by the Ministry of Labor to companies in crisis, among other programs.
The position of the trade union centers
According to some union sources of the CGT, The workers’ union still “has not set a position because there are several alternatives” that are being negotiated at this time, although they estimated that the new improvement could be between 40 and 45%.
“The growth experienced by the economy after the pandemic makes it possible to recover real wages,” Labor Minister Claudio Moroni said the previous week in Mar del Plata, who announced that all “collective negotiations are around the 40% and with review” before the end of the year.
the owner of the Central of Argentine Workers (CTA), Professor Hugo Yasky told Télam that the annual study of the minimum income carried out by the Research and Training Center (Cifra) -an institute of the CTA itself- maintained that if “the hypothetical inflation of 2022 were 52.8%, the recomposition It must be at least 45 percent” to reach “50%” at the time.
Yasky stated that this improvement should be carried out “in bimonthly installments” and that for the minimum to recover the purchasing power it had towards the end of 2015 “it would be necessary to set it at 51,950 pesos, which is an enormous task and quite a challenge.”
The Central of the Workers of the Autonomous Argentina (CTAA), led by the medical representative Ricardo Peidro and the state inspector Hugo Godoy, will ratify his “historic position” and will demand “a progressive and sustained plan for the recovery of the minimum income”, the reduction of brackets and “a strong increase above inflation”.
The last meeting of the organization, on September 27, agreed on a minimum of 33,000 pesos for all monthly workers who work the full legal day and an hourly rate for daily staff of 165 pesos.
The minimum amount for current unemployment is 9,167 pesos and the maximum is 15,278 pesos, and the successive improvements also reach more than one million workers and beneficiaries of social programs, it was officially reported.
Source: Ambito

David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.