Although no one can say how the 2022 joint ventures will close, since it will ultimately depend on the macroeconomy, we estimate that one way or another they could be around 80%. Although at first glance it is a high figure, in recent weeks what had been negotiated previously has been deconfigured.
Those who had planned to give salary increases above the average of between 55 and 60% were the industrial sectors, energy, banking & insurance, construction – which came with salaries so late that they already expected a 70% rise in 2022 – the automotive industry, consumption and entertainment. Everyone is thinking about 80% for this year. It is clear that the Finance areas hold their heads. We will see how this process is reconciled, but there will be a lot of action for the areas of human resources and labor relations.
For those outside the agreement (FC) the panorama is complicated since they are often the adjustment variable and are below the increases in the positions in the agreement. The increases for the FC have never exceeded those of the personnel included in the Collective Bargaining Agreement (CCT). It would be a novelty that will not happen for the first time this time. Unimaginable and unrealizable.
On the other side of the counter, the situation is complex to respond to the demands and expectations of adjustment. It is that in many cases it is about companies whose production is reduced by the obstacles to previous imports and the most recent ones that exacerbate the issue even more: there is no company that does not import some input, parts, etc. In that context, We hope that the government will begin to normalize the issue by establishing some kind of financial engineering that allows normality and fluidity to be given to the imports that companies need to keep the productive apparatus running, otherwise in 2 or three weeks (or sooner) the business noise will begin to be felt.
Finally, regarding what measures companies are taking to respond to inflation and the impact on the cost of living, it is possible that part of the solution (or at least palliatives) will be EXPRESS BONUSES for one time, appealing to what non-remunerated if the legal frameworks allow it. It has already happened on previous occasions and served to get out of the way, then in one way or another they are integrated into the salary.
Managing partner of CONA RH.
Source: Ambito
