After the 28% salary increase in the July-September quarter, salary negotiations resume.
He Trade Employees Union will resume this week the salary discussion for the last quarter of the year after the National Institute of Statistics and Censuses (INDEC) will report the information inflation September, which marked 12.7%, and the presidential election.
This Thursday, the head of the Argentine Federation of Commerce and Services Employees (FAECyS), Armando Cavalieriwill meet with the Argentine Chamber of Commerce and Services (CAC) to agree on a new salary increase for the last quarter of the year (October, November and December) after having closed the July-September joint venture with a salary increase of 28%.
Salaries can be settled until Tuesday the 31st of next week, with which the union member will try to close the agreement this week to ensure the first increase with October salaries, which, otherwise, must be retroactive.
How many raises did Commerce employees have?
The parity of Commerce employees It is counted from April 2023 to March 2024. So far, the increases were 19.5 percent in the first equal quarter and 27% (July-August-September). In this way, in six months they achieved an increase in income of 46.5%. The disaggregated increases were the following:
- 6.5% in April.
- 6.5% in May.
- 6.5% in June.
Added to the salary increase a non-remunerative fixed sum of $25,000, which was paid in two installments; one in April and another in May, for $12,500 each one time.
For the second quarter, the increase was this way:
- 7.5% in July.
- 7.5% in August.
- 7.5% in September.
In the last month, employees who worked on Trade Employee Day were also paid double for working on the union holiday.
What increase will the Commerce union ask for for workers?
The union warned that workers continue to lose in the annual disaggregation. “A 50% increase would easily be needed,” he said. Agustin Gomezdeputy secretary of the Posadas Commercial Employees Center (CECP).
The 22.5% sealed in July and after the recomposition of 4.5% on the September floor, the difference between inflation and workers’ salaries would reach -7.2 percentage points. That is to say, it loses against price dynamics. For this reason, from the union, they indicated that A fixed sum could be agreed on account of the October increases.
Source: Ambito
