Real price crisis shooting wage inequality among workers. A person working in a large company does not suffer the same pain as someone working in a company. Small. Or an operator doesn’t suffer the same Industry more than an addict trade. This is confirmed by the consultant’s salary report released this Wednesday. icsa and business school EdaThis is the average salary of an employee €2,022 monthly gross (on 12 payments). That is, it is to compare this salary with the previous salary of the same worker. 2008 crisisalong the path swallowed by inflation 100 euros monthly purchasing power
The main result of his work is that wage earners of large companies save. purchasing power something that the majority of wage earners cannot say, despite rising prices. And on average, salaries at large companies rose 6% last year, at the current level of the CPI. Meanwhile, remuneration in SMEs increased by 3% in medium-sized and 3.5% in small ones.
The study authors a “strong resistance to rising wagespartly by assimilating the benefits they stopped receiving in the first year of the epidemic, partly by a “purely cultural” and illogical element in the level of margins available to pay higher salaries.
And this is the small purchasing power that workers manage to draw in the production cycle. economic expansion They lost in the last months before Covid. Looking back, comparing the purchasing power of a Spanish employee in 2007, before the bubble burst, and now, in the midst of a price storm, the result is not positive.
On average, a foot paid 100 euros a month the poorest compared to before the last three crises—financial, Covid, and CPI. Prices for the whole world rose 30.1% during these 16 years, while employee salaries increased by 23.9%, intermediate positions’ salaries (24.5%) and executives’ salaries a little more (28.7%). In other words, all wage earners suffered on average between crises, but ‘common soldiers’ suffered the worst. The higher the range, the less pain you will suffer.
“We’re not moving forward, we’re going backwards, and Spain should not only keep their salaries up to inflation, but increase them,” the study’s authors said at a news conference this Wednesday.