rents, expenses, prepaid and public transport

To calculate the increase in the rental price, both owners and tenants can consult the Index of Leasing Contracts (ICL) published every day by the BCRA on its official website.

This indicator contemplates the variation of inflation (according to the CPI measured by INDEC) and wages, according to the average remuneration of stable workers (Ripte). To apply the adjustment based on the ICL, a formula must be used taking into account the value of two dates: the start of the contract and the date on which the increase will be made.

The index can be consulted by entering http://bcra.gob.ar/, then clicking on the “statistics” tab and then on “main variables”. The “ICL” option is at the bottom of the long list that is displayed.

The user must select the start and end dates of the period to be consulted. First, you must enter the date on which the contract was signed, to know what the rate was at that time, and when the adjustment will be made.

Then, take the current rental price and divide it by the value of the index with the start date of the contract. Finally, that amount must be multiplied by the index of the date on which the rent figure changes.

The formula to be applied is the total rent divided by the rate on the date the contract was signed, multiplied by the rate on the day the increase is applied to it. That value that it yields will be the amount of rent that the tenant must pay throughout the year.

In conclusion, If a person was paying $50,000 during the period August 2021 to August 2022, from this new month they must pay $80,500.

Prepaid

Affiliates to prepaid In August, they will have a new increase in fees, greater than 10%, based on a Cost Index that will be applied bimonthly.

Clients have already begun to receive the notification stating that “according to Resolution 1293/2022 of the Ministry of Health of the Nation and the publication made on the page of the Superintendence of Health Services, general, complementary and cumulative increases were arranged with respect to those previously authorized for all those companies registered in the National Registry of Prepaid Medicine Entities.

This was established by the Ministry of Health that “in order to have a reference for the authorization of increases from the month of August 2022, it was considered appropriate to build an index that adequately reflects the variations in the cost structure and that determines the maximum limits of increase that may be applied periodically by the entities of the sector”.

The rise that prepaid medicine companies will apply in August will be 11.34%. In two months the quotas will increase again as a result of this index, and there will be one more increase in the year.

this will be the seventh increase in dues so far this year, after increases of 9% in January, 6% in March, 6% in April, 8% in May, 10% in June and 4% in July. Thus it reaches 68.5% in 8 months. According to the prepaid, with this increase, an average family plan for a married couple with 2 minor children could be between $40,000 and $60,000 per month.

Expenses

The Single Union of Horizontal Rental Building Workers (Suterh), led by Víctor Santa María, achieved a super bonus of $134,000 that will be paid in seven consecutive installments starting next month. The increase, already approved by the Ministry of Labor, will benefit some 80,000 doormen and would have an impact on expenses of between 6 and 10% depending on the characteristics of the building.

The salary increase is added to the joint agreement sealed last March, which consisted of a 27% increase [15% en abril y 12% en junio] for six months, plus a lump sum of $8,000 in March. The fixed sums will be paid as follows: two installments of $12,000 (August and September), two of $18,000 (October and November), two of $24,000 (December and January), and one of $26,000, in February 2023. These amounts They will be remunerative.

Public transport

The Ministry of Transport authorized a increase in train and bus tickets in the Metropolitan Area of ​​Buenos Aires. As of August 1, the minimum will go from 18 to 25.20 pesos for groups that circulate in the Federal Capital and Greater Buenos Aires. The rise is 40 percent average. The minimum AMBA bus ticket will go from 18 to 25.20 pesos. The affected train lines are Miter, Sarmiento, Roca, San Martín, Belgrano north and south, and Urquiza. For the Miter and Sarmiento, the minimum will increase with SUBE from 12.25 pesos to 17.25 pesos; the San Martin from 11.25 to 17.25 pesos; the Roca from 7.75 to 10.75 pesos; Belgrano Sur from 9.25 to 10.75 pesos; North Belgrano from 6.75 to 9.50 pesos and Urquiza from 8 pesos to 11.25 pesos.

Meanwhile, the Buenos Aires government advanced the intention of raising the value of the subway ticket “in the order of 40%”. “We are starting the administrative process for a 40% order increase in line with this morning’s announcement,” told Télam an official source from Buenos Aires who also indicated that “the date is not yet defined” on which the rise will begin, however he estimated that it will be “after August”.

Domestic workers

Domestic workers will have a new increase in salaries as scheduled in the month of July and waiting for a new call with the purpose of closing parity in the middle of the month. In that framework, salaries for august will be the following:

Supervisor. These are personnel in charge of carrying out the coordination and control of the tasks carried out by two or more people under their charge.

• Retired staff: $437.50 per hour and $54,612.50 per month.
• Staff without retirement: $479 per hour and $60,832 per month.
• Retired staff: $437.50 per hour and $54,612.50 per month
• Staff without retirement: $479 per hour and $60,832 per month.

Personnel for specific tasks. It is mainly the cooks hired exclusively to carry out said work, as well as any other domestic task that requires special skills of the staff to be able to carry it out.

• Retired staff: $414 per hour and $50,738 per month.
• Staff without retirement: $454 per hour and $56,480 per month.

homemade. This category includes personnel who provide tasks related to general care and the preservation of a home where they live due to the employment contract. It is the only one that is presumed without withdrawal.

• $390.50 per hour and $49,503 per month.

Assistance and care of people. Includes assistance and non-therapeutic care of people, such as: sick people, people with disabilities, children, adolescents, older adults. This category determines what is the salary of a nanny or home caregivers.

• Retired staff: $390.50 per hour and $49,503 per month.
• Staff without retirement: $437.50 per hour and $55,166 per month.

Staff for general tasks. They are responsible for cleaning, washing, ironing, maintenance, preparation and cooking of meals and, in general, any other typical household task. Includes the domestic employee or maid who provides cleaning and maintenance services in family homes.

• Retired staff: $362.50 per hour and $44,517.50 per month.
• Staff without retirement: $390.50 per hour and $49,503 per month.

According to the collective agreement, personnel who carry out tasks included in more than one category will be included in the one that is the main one that they perform on a regular basis.

On the other hand, the equivalent of 30% must be applied to the minimum wages established for each one of the categories, with respect to personnel who perform tasks in La Pampa, Río Negro, Chubut, Neuquén, Santa Cruz, Tierra del Fuego, Antarctica and Islands of the South Atlantic, or in the Party of Patagones of the Province of Buenos Aires.