The Government’s objectives were outlined and it was not surprising that the social agents welcomed most of the Executive’s proposals for the medium-term agreement to improve income. At the social consultation table, the Government served two main courses: increase the average income per worker by 20% until 2026 and reach an agreement to update the minimum wage that allows the guaranteed minimum wage to reach 900 euros in 2026.

The menu included other unidirectional measures: “improving, on the one hand, the income and wages of workers and, on the other, the productivity and competitiveness of companies and the economy”, as can be read in the proposal that the Government handed over to the partners, to whom the Observer had access. From raising wages to increasing income through taxes, these were the Executive’s proposals that will serve as the basis for the negotiations that follow.

Salary increase

In order to achieve the proposed objectives, “an Additional Salary of 1.3 pp is considered necessary – translating into a nominal appreciation of the salary per worker of 4.8% each year, on average, in the years 2023 to 2026″, refers to the Government’s proposal. This additional “will mean an increase of approximately 20% in the average income per worker in 2026 compared to 2022.”

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