The President of the Government, Pedro Sánchez, has urged business owners to raise salaries in response to the rise in inflation. This demand coincides with the upcoming renewal of the Agreement for Employment and Collective Bargaining.
The President of the Government, Pedro Sánchez, has called on business owners to show sensitivity to the demands of trade unions, thus requesting a general increase in salaries. This intervention occurs within the framework of the upcoming renewal of the Agreement for Employment and Collective Bargaining, which has been expired since January 1, 2026, according to expansion.com.
Sánchez also announced a new increase in the minimum interprofessional wage (SMI), currently set at 1,221 euros per month. During his speech, he stated that “of course” a revaluation of the SMI will be implemented, aiming for it to represent 60% of the average salary. Inflation, which reached 4.3% in August, suggests that the future increase could exceed 3%.
In this context, the president called on the main business organizations, CEOE and Cepyme, to sit down and negotiate the new AENC. He emphasized that it is crucial to improve the working conditions of the middle class, which does not benefit from the minimum wage but also requires adjustments in their remuneration.
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