Spain: minimum wage raised by €50 a month

Featured image of the article Spain: minimum wage raised by €50 a month

An article by Cécile Thibaud

Publication

30 January 2025 à 09h47

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2 minutes

Publication: 30 January 2025 à 09h47

Reading time: 2 minutes

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On 29 January 2025, Spain's labour minister announced that the minimum wage would be raised by €50 a month, marking an increase of 4.41%. This decision, taken after consultation with the social partners, was approved by the trade unions but not by the employers' organisations.

An article by Cécile Thibaud

Publication

30 January 2025 à 09h47

Reading time

2 minutes

Publication: 30 January 2025 à 09h47

Reading time: 2 minutes

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The minimum interprofessional wage (SMI) will rise from €1,134 to €1,184 gross per month in 2025. Under Spanish law, employers are obliged to pay employees two extra months, in June and December, bringing the annual remuneration to €16,576. Measured over 12 months, the Spanish minimum wage therefore rises from €1,323 to €1,381. This increase will benefit just over 2 million people, or 12% of the employed population, according to the Workers’ Commissions trade union.

A minimum wage at 60% of...

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Featured image of the article Cécile Thibaud
Cécile Thibaud Freelance
Featured image of the article Cécile Thibaud
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