Spain’s government and social partners have agreed on a gradual rise in the inter-professional minimum monthly salary, which will rise from €707 over 14 months in 2017 to €736 over 14 months in 2018. The goal is to reach €805 by 2020.
Both unions and employers gave the green light to the minimum inter-professional salary (SMI) rise that was put forward by the Labor Department, even though it is slightly below the monthly €886 level union organizations had put on the negotiation table.
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