The trade union signed today the closing of the annual parity (from April 2022 to March 2023), with an increase in its basic agreement, which raises the salary floor from $139,000 to $182,700, totaling an annual increase of 101%.
The increase will be effective in two tranches: in February the basic with presenteeism will be $165,900 and in March it will amount to $182,700, both remunerative sums for all purposes, they assured through an official statement.
The salary agreement, which was signed at the Ministry of Labour, Employment and Social Security, was signed by the Argentine Federation of Commerce and Services Employees (FAECYS) and the Argentine Chamber of Commerce (CAC), the Confederation of Medium Enterprises ( CAME) and the Union of Commercial Entities (Udeca).
An agreement that was modified by the jump in inflation
In April, an annual increase of 59.5% had been agreed to be paid in seven installments. Initially, the increase payment schedule was going to develop as follows: 6% in April; 6% in May; 6% in June; 10% in August; 10% in September; 11% in November and 10.5% in January 2023. This scheme was altered in August due to the inflationary trend and quotas were brought forward.
The last revision is pending and is the one that was signed today in the Ministry of Labor, endorsed by Minister Raquel “Kelly” Olmos.
More than a million workers will benefit from the closure of the joint trade union, led by Armando Cavalieri.
For his part, the union leader highlighted: “Once once more we have achieved that the salary of the workers and workers of commerce accompanies the price increases and we close the annual parity above inflation”.
And I add: “It is very important to have the support of business chambers and businessmenthat with a lot of effort and in this difficult context, we first agreed to advance in August the 10.5% increase scheduled for January 2023, as a result of the acceleration in prices and willing to dialogue to establish reviews and follow the evolution of prices ” .
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