The Banking Association (AB), the union that leads Sergio Palazzo, announced that an agreement was reached with the banking business chambers for an advance in the month of September of 16.8% added to the 5.2% already agreed (retroactive to August 1). In this way, a 22% increase that month and apply to all conventional and non-conventional remuneration and additional payments based on December 2022 salaries.
In this way, from January to this month the increase in parity reaches 97%. As the official statement clarifies, the increase is in advance “since if inflation exceeds 97% it will be automatically adjusted, and banking entities must apply the corresponding retroactive salary difference.”
In this way, the minimum initial banking salary will be composed as follows:
- Starting Salary + Profit Share (ROE):
- SEPTEMBER $456,164.56 + $16,483.26 = $472,647.82
He bond corresponding to the banking day is established until the moment in $406,654.92.
Income Tax: what will be the impact on salary
“This salary recovery, plus the economic impact which will represent starting in October the decree signed by the Executive Branch, where it modified the non-taxable minimum of the income tax (to $1,770,000 or 15 vital and mobile minimum wages), will reflect a substantial improvement in remuneration,” highlighted La Bancaria.
In this sense, the commitment of our Organization was to give strong support to these measures, accompanying the Economy Minister Sergio Massa, and the National Deputies that last 09/19 they gave half a sanction in the Chamber of Deputies to the bill that eliminates this tax for the fourth category, as we had been requesting for more than a decade. All this shows, once again, that The Banking Association continues to fight tirelessly for the real income of bank workers, safeguarding and improving the purchasing power of our constituents.
Source: Ambito
