This Thursday, the Ministry of Labour reached a preliminary agreement with the trade unions UGT and CCOO, although the business organisations CEOE and Cepyme did not join this agreement. The proposal consists of increasing the minimum interprofessional salary (SMI) by 3.1% for the year 2026, raising it to €1,221 gross per month, distributed across 14 payments. The Secretary of State for Labour, Joaquín Pérez Rey, stated that after today’s meeting, the business organisations did not accept this agreement following several weeks of negotiations. The business organisations CEOE and Cepyme had expressed their opposition to the tax proposal presented by the Government to compensate companies for the increase in the SMI. Pérez Rey noted that it was evident that the business organisations rejected this proposal, hence it was not discussed in Thursday’s meeting. Furthermore, he expressed his dissatisfaction as it had already been labelled as interventionist.
The Ministry of Labour agrees with the unions to increase the minimum wage by 3.1% to 1,221 euros.