HE CGT union cancelled to hit to which state workers The entire Inditex group’s Zara, Lefties and Pull&Bear stores are on Saturday, February 11, following the wage increase agreement reached between the company and the CCOO and UGT unions.
CGT representative at a press conference Hannibal Master He explained that the improvement package was approved by the company and the decision was made after researching different parts of the entire region. cancel strikes and rallies which will take place throughout Spain.
“The data is sufficient to cancel the strike and it is a Noticeable increase as a result of the struggle in the last weeks“The master said.
From the union, which is a minority at Inditex, they rated it positively “Social measures and salary hikes”however, they explained that this move does not mean that they have put the conflict aside, that it will happen when they see “a significant improvement in their next payroll”.
CGT’s decision comes after Inditex agreed with the company’s majority unions, CCOO and UGT, on an agreement setting homogeneous wages for all employees of the group’s stores in Spain. It will fluctuate between 18,000 and 24,500 Euros gross per year.
This collective agreement will mean an average salary increase of between 20% and 25%, according to calculations provided for 80% of the store employees of the group that owns Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home. to the EFE by the signatory associations.
The company fell 4.58% in the stock market
Regarding the movements in the stock market, Inditex shares closed 4.58% lower this Friday. Specifically, the titles of the company founded by after the salary agreement Amancio Ortega It caused the Ibex 35 to drop 4.58% at the end of this Friday, trading at a price of 27.70 euros.