{"id":10244,"date":"2021-10-01T10:31:00","date_gmt":"2021-10-01T09:31:00","guid":{"rendered":"https:\/\/firmalex.com\/?p=10244"},"modified":"2023-11-17T19:53:07","modified_gmt":"2023-11-17T18:53:07","slug":"increase-in-the-minimum-interprofessional-wage-and-its-effects-on-the-self-employed-and-companies","status":"publish","type":"post","link":"https:\/\/firmalex.com\/en\/2021\/10\/01\/increase-in-the-minimum-interprofessional-wage-and-its-effects-on-the-self-employed-and-companies\/","title":{"rendered":"Increase in the Minimum Interprofessional Wage and its effects on the self-employed and companies"},"content":{"rendered":"\n

The agreement establishes for this year a wage of 1080 euros gross per month in 14 payments. This increase will be retroactive from 1 February, so that workers who receive the minimum wage will see it reflected in their next pay cheque.<\/p><\/blockquote>\n\n\n\n

The Ministry of Labour and Social Economy and the labor unions have reached an agreement to increase the Minimum Interprofessional Wage (SMI) this year.<\/p>\n\n\n\n

This is the third increase since the beginning of the legislature. The aim of this increase is that there will be a progressive revision of the SMI in both 2022 and 2023 and that it will reach 60% of the average wage before the end of the legislature.<\/p>\n\n\n\n

Although it is a measure that affects all types of companies, it has a greater impact on the self-employed. It means a considerable rise in costs for them. As the minimum wage rises, so does the minimum contribution base, and as a consequence, so does the self-employed quota, as well as the salaries of their workers, if they have them.<\/p>\n\n\n\n

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