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Several salary increases are coming in November.
In this context, the expectation that the October inflation is moderated and is located close to 10% could help improve the income situation this month.
Salaries: unions They negotiate increases of 50% for the last quarter
According to him Alejandro Di Biasi, specialist in union issues in dialogue with Ambit the new agreements are closing above 40%, as is the case of Commerce, which stands at almost 50% for the last quarter.
The last two months of the year promise to be complex but it is expected that inflation can moderate around 10% or below that, something that is key for those who are still in negotiation. “When you do the end-to-end calculation, you win, but you always lose against inflation. You don’t receive 40% at once, you receive it in installments. The loss of 25% under the Macri administration was not recovered,” said the analyst. The large guildssuch as Bankers and Truck Drivers, among others, They already “fastened” joint agreements after December.
Currently, the Buenos Aires state They continue negotiating with the government of Axel Kicillof and they aim to achieve increases above inflation. This is the case of the judiciary, health professionals, teachers and administrative staff grouped in the unions Association of State Workers (ATE) and Union of Civil Personnel of the Nation (UPCN).
And the end of year bonus?
As reported Say Biasi, some unions are already requesting the end of bath bonus, this is the case of Truckers. “It is being discussed, negotiated. At the end of the year, companies will see how they compensate,” he says.
Private security
The Private Security Personal Union of the Argentine Republic (UPSRA) closed a salary agreement with the business chamber CAESI, which determined the salary scales in force until December.
The joint agreement signed by the UPSRA. -for collective bargaining agreement 507/07– establishes salary modification as of October 1 (to be paid in November). In the next month, the starting salary will start from $380,000 and will be $417,000 by December.
The union also agreed that the January and February 2024 salary increases which will be calculated based on the amount of $400,000, through an average calculation of the INDEC inflation index, obtained by the sum of the CPIs for October and November of this year.
Furthermore, the parties agreed to meet on next December 13, after the dissemination by INDEC of the inflation values for the month of November.
Commercial employees
The Federation of Commercial Employees and Chambers of the sector agreed to an increase of 47% for the October – December quarter.
This month of November 13.5% will be charged and another 13.5% remains in December.
The new agreement stipulates that the agreed increases will be settled based on the conventional basic scales corresponding to the month of October 2023, made up of September of this year plus 9% remuneration.
The new basic salary has a floor of $396,400, plus additional ones, starting in December.
Domestic workers
The private home employees They will receive a 12% increase in November for those who charge hourly and monthly.
In this way, next month, domestic employees will receive the second installment of the quarterly agreement of 34% divided into three and 10% will remain in December.
That month the parties will meet again and will reassess the salary situation of the staff of private homes.
Construction
The Construction Workers Union of the Argentine Republic (UOCRA) agreed with the Argentine Chamber of Construction (CAMARCO), a salary increase within the framework of the joint venture for the October-November-December quarter of the current year.
The increase will be 11% in November and 11% will be missing in December.
Rural workers gathered in UATRE
The Argentine Union of Rural Workers and Stevedores (UATRE) reached an agreement within the framework of the National Agrarian Labor Commission (CNTA) to raise the salaries of workers in the poultry sector throughout the country.
This is a quarterly understanding that brings the initial assets to $260,000 in December.
Resolution 234/2023 stipulated the payment in November 2023 of a minimum monthly salary $250,000a salary of $10,869.45 and a non-remunerative sum of $10,000.
From the December 1, 2023 They agreed on a minimum monthly salary of $260,000 and a daily wage of $11,304.23.
sugar bowls
He Union of Sugar Workers and Employees of the Ledesma Mill (Soeail) They reached an agreement on the salary increase for the months of November and December with a final amount of $280,000 for the lowest category.
He basic salary will go to $165,000, and the final strip will rise to $280,800. This represents an increase of 136% in the basic salary and 170% in the final strip in just six months,” they added.
Likewise, they announced that for the period January to April 2024, The basic salary will continue to increase until it reaches $170,000, and the final salary will rise to $309,000, they stated.
Short and medium distance buses
The Automotive Tram Union (UTA) reached an agreement for a joint wage increase in the short and medium distance sectors with the business chambers of the metropolitan area of Buenos Aires.
The union led by Roberto Fernández agreed to a increase in basic salary until $537,546proportional to the time worked, which will be carried out in three sections and will be formed as follows:
Initial basic: $497,728 + travel expenses per day $2,588 x 24 days ($68,328)
Total: $566. 056.
Initial basic: $537,546 + travel expenses per day $2,588 x 24 days ($73,800)
Total: $611,346
Banking
This month the banking They will have an important change in their salaries. The minimum wage was set at $539,826 for all members of the Banking Association union after collecting the 21.8% advance in October.
But now in November is added the bank day bonus. With the October salary update, The amount of this additional also increased and the salary extra will be at least $464,453.
Another point to highlight is that no worker who earns up to 15 minimum, vital and mobile salaries, that is, a gross monthly remuneration of less than $1,980,000, will pay the Income Tax.
Chemicals and petrochemicals
The Federation of Chemical and Petrochemical Industries Workers Unions (FESTIQYPRA) and the Chemical and Petrochemical Industries Staff Union of Pilar (SPIQYP Pilar), managed to increase salaries in the sector by 65.27% until November.
The increase to be collected this month, which will be the last of the parity signed previously and that they will have to sit down to negotiate again, is 23.27%. Until this increase, workers have a cumulative total of 102.27%. It must be remembered that the percentages impact the Basic salary, the joint fixed sum, the 06/02/22 seniority agreement on a fixed sum, and are accumulated for the calculation of the year-end bonus.
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Building managers have a new salary scale.
Treasury Market Workers
The Trade Union Association of Treasury Market Staff agreed on a section of increase and they achieved 75% from March to November 2023. The last increase will be this month of one 10% and they will sit down again to negotiate a new salary review section in the month of November to evaluate the race between prices and salaries.
Commerce-Tourism branch
The Federation of Commercial Employees led by Armando Cavalieri agreed to a quarterly increase of 27% in three tranches for employees of travel and tourism companies. The understanding is for the workers of the Argentine Federation of Travel and Tourism Companies (FAEVyT), a chamber that brings together tourism and long-distance travel companies in the country. In November, a reopening of negotiations was agreed.
This month The last negotiated amount will be charged, which is 7.5%.
Teacher salaries
He Teacher Workers Union (SOMRA) Even with unresolved parity for the last part of the year, they will still charge an extra $12,000 that responds to a Non-remunerative allowance provided for by the DNU that established the bonus for registered workers, because the $60,000 was reabsorbed by the concerted increases.
This sum represents 9.3% regarding the formation of the official full-time category, base April 2023, amount that will be paid by employers with salaries earned in the month of October.
State employees
UPCN, ATE and the State agreed to a cumulative salary increase of 11% in October and 11% in November, which represents a total of 23.2%. In addition, negotiations for the next salary review will resume this month.
Buenos Aires teachers
The Buenos Aires teachers They will charge a 10% increase this month while the last tranche until the end of the year is discussed. Currently, the net income of a graduate teacher without seniority is $489,408 for full-time and that of teachers with maximum seniority is $564,756. At the moment, the 10% increase in December is still planned.
Pharmacists
Workers affiliated with the Argentine Union of Pharmacists and Biochemists (SAFYB) They will receive a salary increase of 6% this month of November and 22% remains for January-February 2024. In this way, the basic salary of this union remained at $640,000 after the last increases.
insurance union
He Board of Directors of the Insurance Union achieved an increase of 48% for the July-November period and also a confirmation that the parties will meet again. The increase will be applied on the June salary base and the last tranche will be paid, which is 10% in November.
Tires
This sector will charge a 15% increase in November and December. Meanwhile, the increases in January and February will be according to inflation. In addition, + 4% payable in March as a parity basis for 2024/2025 and an end-of-year bonus of $100,000 are added.
Building managers
He Single Union of Rental and Horizontal Building Workers (SUTERH), published the new salary scale corresponding to September 2023.
These are the established percentage increases and fixed sum that will be effective until January 2024.
– November 11% increase + $20,000 fixed sum
– January 2024: 11% increase + $20,000 fixed sum
Source: Ambito