The Executive Committee of the CEOE unanimously endorses the wage agreement with CCOO and UGT

MADRID, 8 May. (EUROPA PRESS) -

The Executive Committee of the CEOE has unanimously approved the agreement reached with the CCOO and UGT to recommend salary increases of 4% in 2023, and 3% for both 2024 and 2025, as reported to Europa Press by sources from the business organization .

The 32-page agreement reached between the parties also contemplates a salary review clause that, in the event of a deviation from inflation, could imply additional increases of up to 1% for each of the years of the agreement (2023-2025). to be applied at the beginning of the following financial year.

In any case, the agreement, to which Europa Press has had access, specifies that the negotiators of collective agreements must take into account the specific circumstances of their field to set the salary conditions.

The idea, specifies the text, is that the guidelines contained in the agreement can be adapted in each sector or company, whose situations are "very unequal" in growth, results or incidence of the interprofessional minimum wage (SMI), all with the objective of maintenance and job creation.

After the approval of the Executive Committee of the CEOE, the Board of Directors of the employer analyzes, from 12:00, the text of the agreement.

UGT has also met its Executive Commission on Monday to study the ratification of the wage agreement. In the case of CCOO, its Confederal Committee will meet tomorrow, Tuesday.

Employers and unions met last Friday to finalize what will be the V Interconfederal Agreement for Employment and Collective Bargaining (AENC), but they left pending fringes that they have addressed over the weekend.

The AENC is a text in which unions and employers collect recommendations for their negotiators of collective agreements, which usually include both a salary path and other matters related to employment, for example issues related to hiring. It is not mandatory, but it serves as a guide for both parties when they sit down to negotiate a collective agreement.