Politics · Spain · 2 hrs ago

Spain plans minimum-wage increase ahead of elections

Spain plans minimum-wage increase ahead of elections

Spain’s government wants to agree on a higher national minimum wage before the elections.

It has given experts until October 31 to propose a new rate, after which talks with employers and unions are expected.

The government must consult these groups, but it can set the wage even without their agreement.

The current minimum is €1,221 a month, up from €736 in 2018, and directly affects more than 1.6 million workers.

The government is aiming for an increase of more than 3.3%, as prices have risen and officials warn inflation will remain high.

The minimum wage has raised pay for many low-paid workers, but its effect on wages above the minimum has been limited.

The government also plans to announce a pension increase before the elections, while a proposed new time-recording system remains uncertain.

Sources

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