The agreement between CEOE, UGT and CCOO will include an annual review clause that may entail an additional increase of up to 1%.
The UGT and CCOO unions and the CEOE employers have reached a preliminary agreement to raise wages by 10% in three years: 4% in 2023 and 3% in 2024 and 2025, according to sources from the negotiation.
Likewise, the agreement will include an annual review clause that may entail an additional increase of up to 1% depending on the evolution of prices.
The agreement will also serve as a salary recommendation in collective bargaining.
The pre-agreement, in which they continue to work, must be ratified by the highest bodies of employers and unions. The CEOE has convened its executive committee next Monday.
“Outright” refusal
The LAB union has considered that the CCOO, UGT and the CEOE employers have accepted the agreement on salary recommendations reached. Despite this, the union has been opposed to this agreement, emphasizing that it “does not represent” Basque workers.
Finally, he stressed that today’s agreement “does not propose any type of salary increase for 2022 and in the salary increases planned for 2023, 2024 and 2025 the CPI is not guaranteed.”
far below
The ELA union, for its part, has been in line with the assessment made by LAB. And it is that they also consider that the wage increase recommendations agreed by the UGT and CCOO with the CEOE employers “are well below inflation.” And, therefore, “they do not serve to stop the impoverishment of the working class.”
ELA, the majority union in Euskadi, has affirmed that it “will continue to defend salary increases that prevent the impoverishment of workers”, for which “it will continue to bet on confrontation”.
Source: Eitb

I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.