HomeEconomyThe Government instructs public companies to apply a provisional...

The Government instructs public companies to apply a provisional increase of 1%

The Government signed an order that gives guidelines to companies in the state business sector to “implement a remuneration policy that considers the interim increases of 1%” that were agreed for the public administration.

In practice, the order authorizes public companies to give, this year, additional increases “up to another 1%”, which raises, for these companies, from 5.1% to 6.1% the ceiling of the annual increase of the wage bill. provided for in the rent and competitiveness agreement.

The measure covers public companies such as CP or ports. In this last case, the union of port administrations had given the Observer a justification to present a notice with impasse motivated by the limit of 5.1% to salary increases that, if not modified, would generate discrepancies that the union considered unacceptable.

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“Continuing with the assurance of a remuneration policy following the Medium-Term Agreement for the Improvement of Income, Salaries and Competitiveness, this additional interim increase in salaries must respect collective bargaining and, within the framework of the management options that considered more appropriate, tend to guarantee an effective nominal appreciation of the earnings of each worker”, writes the Ministry of Finance, in a statement released this Wednesday.

This increase in the medium term “will allow, in 2023, an annualized increase in the global wage bill of up to 6.1%, which includes all effects and remuneration components, compared to the amount of personnel expenses in 2022, corrected by the effect of absenteeism”. The Ministry indicates that the order was signed on Friday.

Source: Observadora

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