Workers earning minimum wage will be paid up to 63 euros this February

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Workers receiving bonuses interprofessional minimum wage (SMI) Must receive maximum one ‘paguilla’ in February payslip gross 63 euros. The government plans to officially approve it this Tuesday minister council The rise of SMI since 1,080 euros gross (in 14 payments) valid in 2023 1,134 euros It will be valid in 2024. Or the same, with a 5 percent increase until 2024. 15,876 euros annual gross.

The official increase this February is retroactive effects with 1 January This year, it will force all companies that have not already voluntarily implemented this reference to pay compensation to their employees. And it will benefit a little less 2.5 million workers all over Spain.

Companies that employ people and pay them salaries below this gross of 1,134 euros (in 14 payments) need to update their payslips and make up for the expected delay for January. For this human resources institutions and departments They have to pay their employees a ‘paguilla’ of between 54 and 63 euros gross in the February payroll, depending on whether they usually pay their salaries in 14 or 12 installments. According to Labor Ministry sources, companies have an obligation to adjust payroll debts immediately after the revaluation is published. State official bulletin (BOE).

Absorbable benefits

One factor that works against the interests of employees and allows companies to save some of the increase in certain cases is the legal capacity to absorb some of this increase. salary supplements. For example, if a worker currently earns a base salary of €1,080 (the SMI in force before the increase) and an extra €50 for working the night shift, the company will only be obliged to increase his salary by four from now on. Thus, it will be possible to reach a minimum gross of 1,134 Euros per month (in 14 payments). He takes the excess and complies with the law, and his colleague who leaves in the morning gets the same wage.

Groups that benefit most are young people, women and immigrants due to the increase in the interprofessional minimum wage. A reference that is mandatory for all companies and covers more and more employees every year. It currently maintains minimum income for 13.4% of full-time Hispanic workers. Although it is much more common among some professional profiles than others, such as agricultural workers, shop assistants, delivery boys or domestic workers.

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