Who will benefit from the increase of SMI to 1,134 Euros in 2024?

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According to CCOO’s analysis based on its data Active Population Survey (EPA), the main beneficiaries of the SMI increase among full-time workers will be women (17.1% of workers will be subject to the minimum wage in 2024) and the youth population (26.8% of full-time workers aged 16 and under). and 24 years old). The relative incidence is above average temporary workers (19.8% will be subject to SMI in 2024) and in agriculture (45.9%) and the trade and hospitality sectors (19.5% of all workers in this sector will collect SMI in 2024).

From another perspective, it is estimated that 28% of the total number of full-time employees who will collect SMI in 2024 (1.96 million) belongs to trade and hospitality activities (548,222 people).

more than 2 million people

government estimates more than 2.5 million The group of workers who will benefit from the new increase in SMI will be women and young people, one third of them.

CCOO’s analysis refines this a little more. calculate this 1.96 million from working people full time They will benefit. ThisItit 13.4% of total of this group. If the estimate of potential workers is included, this figure rises to 2.3 million. part time benefits, but CCOO’s analysis focuses on the group of full-time employees.

More women than men

According to CCOO analysis, women They were the main beneficiaries of the increase in SMI in 2023 (805,343 employees, 12.7% of full-time contractors) and will benefit even more in 2024 (1,082,350 employees, 17.1% of all working women, but 55 percent of the 1.96 million people who will collect SMI this year). Considering this data, it is estimated that the increase in SMI benefited 633,791 people. full time contract men In 2023, this number will reach 878,631 men.

First of all, with a permanent contract

In absolute terms, the vast majority of more than two million minimum wage earners Indefinite contract The weight of people with (71%) is interim agreement According to CCOO analysis, this rate is 29%; however, this rate is much higher than the weight of temporary salaried employment.

Another complementary conclusion can also be drawn: the relative incidence of SMI in 2023 temporary salaried population (15.4%) almost doubled the incidence in the salaried population permanent contract (8.6%).

By 2024, the 13.4% of full-time workers who will benefit from the new increase in SMI of €54 is the result of a rate of 12% among those on indefinite contracts and 19.8% among those on temporary contracts.

3 out of 10 beneficiaries are concentrated in trade and hospitality

According to the sector that concentrates its activities trade and accommodation It has the largest number of employees affiliated with SMI. According to EPA data, we will be talking about 414,934 people in 2023 (out of a total of 1.43 million full-time workers receiving SMI) and 548,222 people in 2024 (28% of a total of 1.96 million workers). SMI in 2024).

After trade and hospitality, the largest number of full-time workers who will benefit from the increase in SMI in 2024 are concentrated in the following sectors: public administration, health and education In activities grouped under the heading (290,830 people) ‘other services’ (271.635), in financial services (254,864), transportation, storage, information and communication (156.125) and industry (104,834 workers).

under 35

By age groups, data from the Active Population Survey (EPA) allows us to sort by age groups. 25 to 34 years old the largest group of interprofessional minimum wage beneficiaries. In 2024, 541,765 full-time employees will be in this group; This represents 27% of the total 1.9 million potential beneficiaries of SMI.

If the different age groups are combined, CCOO indicates that 63% of SMI recipients 35 years and above.

However relative event The SMI rate is higher than the youth population average: 26.8% of full-time workers are estimated to be in the youth population. 16 to 24 years old It will be subject to SMI in 2024; this rate is 10.1% in 2024. Those aged 55 and over.

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