• Rising corporate profits contribute more to inflation than rising wages

The

unions

have

reached

out this Monday to the

employers

to try to reactivate the negotiation of the V Employment and Collective Bargaining Agreement

(AENC),

by pointing out in a meeting held at the headquarters of the companies that they could accept that part of the

salary increases

that are agreed for the coming years are replaced by contributions to

employment

pension plans

, as has been done in the

construction

sector agreement .

In this way,

UGT and CCOO

seem to go a step further in

softening their initial position.

When the negotiations began in the spring, the unions

demanded pure wage review clauses with the CPI,

to ensure that no worker covered by an agreement would suffer a loss of purchasing power in the face of rising inflation.

Little by little, as the negotiation progressed and they came up against the wall of the CEOE and its refusal to include these clauses, they lowered expectations and ended up proposing more watered-down

mixed clauses

, which were not accepted by the employers either.

The dialogue was blown up before the summer since the introduction of some kind of clause was essential for some and unaffordable for others.

Meanwhile, and in the absence of an updated AENC that gives guidelines to companies and unions on the path of wage increases that they must follow in the coming years,

agreements have been approved

-sectoral and company- in which wage increases have been agreed salary depending on the circumstances of each one of them, a system with which the CEOE feels very comfortable since it defends that

the conditions of each sector are very heterogeneous

: some can afford to raise salaries more than others.

The unions are the most interested

in getting a new AENC to go ahead, which will also serve as the embryo for the Income Agreement requested by the Government, and, for this reason, they have extended their hand to the employers this Monday, pointing out that the agreement agreed in the

construction

sector could

serve as an example for a general framework.

This agreement agreed to a

rise of 10% in three years

(4% in 2022, 3% in 2023 and 3% in 2024), but of that total increase of 10 points,

3.75 points

of increase will not occur in the payroll , but will materialize in

contributions to the employment pension plan

.

This means that in 2022 the salary rises by 2.5% and contributions are made equivalent to increasing the salary by another 1.5%;

in 2023, the salary will be raised by 2% and 1% is allocated to the plan and, in 2024, the payroll will rise by 1.75% and 1.25% goes to the plan.

The total salary will grow by 10%, but

in truth the payroll

that workers receive monthly

will grow by 6.25%

in three years (

an average of 2.08% per year

, in line with what the employers have been defending) and they

will make

contributions to the plan that entail an

additional 3.75%

increase in income .

"The construction agreement says that the contributions made by companies to employment pension plans are workers' income, workers' salaries. Bearing this in mind,

we can perhaps go through this deferred salary

at the hour to

reach agreements with the CEOE and with Cepyme

that give stability to the country with an

Agreement for Employment and Collective Bargaining

(...) we believe that it is something to explore", said

Fernando Luján

, confederal secretary of the

UGT,

in the forum organized by employers and the Pérez-Llorca law firm on employment pension plans.

The UGT

spokesman

at the negotiation table later confirmed to this medium that

his union is trying to bring positions closer to the bosses.

It is no coincidence that these words have been pronounced at the headquarters itself, in front of which until recently they used to demonstrate.

Along the same lines,

Carlos Bravo

, Secretary of Social Protection and Public Policies of the

CCOO

, has stated that "with such high inflation, the promotion of employment pension plans is an opportunity."

"In construction, a salary review clause linked to the pension plan has been achieved, which is not inflationary and

this can help reach agreements"

, he pointed out, although he also defended that the second-round effects that are taking place in inflation does not come from wages.

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