Minimum Wage for 2023
The Spanish government announces the increase to 1080 euros per month.
The President of the Spanish Government, Pedro Sánchez, has announced in the Senate a 8% rise in the minimum interprofessional wage (SMI) for this year 2023.
Therefore, the minimum wage will be of 1,080 euros gross per month, spread over 14 payments.
This change, not only affects the Spanish employees, it is also important for some immigration procedures, where it is necessary to demonstrate some economic funds that are calculated based on the SMI.
The announcement came after the meeting this Tuesday morning of the Minister of Labor, Yolanda Diaz, and the general secretaries of CC.OO. and UGT, Unai Sordo and Pepe Alvarez, respectively, who would have closed the last bangs of an agreement from which the CEOE employers' association has dissociated itself. "I want Spaniards to know that our struggle to improve workers' conditions and achieve a fairer distribution has only just begun," said Sánchez.
The Minimum Interprofessional Wage is the minimum wage or remuneration that a worker must receive for a specific working period, in this case, a full working day. All this is regulated in the Workers' Statute, specifically in Article 27:
1. The Government shall fix, after consultation with the most representative trade union organizations and business associations, on an annual basis, the minimum interprofessional wage, taking into account:
(a) The consumer price index.
b) The average national productivity reached.
c) The increase in the participation of labor in the national income.
d) The general economic situation.
Likewise, a six-monthly revision will be established in the event that the aforementioned price index forecasts are not met.
The revision of the minimum interprofessional wage shall not affect the structure or the amount of professional salaries when these, as a whole and on an annual basis, are higher than the aforementioned minimum wage.
2. The minimum interprofessional salary, in its amount, is unattachable.
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