spain minimun wage raise

Spain's minimum wage debate, some objections

Spain’s Minimum Wage Debate, Some Objections

The times of wage containment are beginning to be left behind in Spain. The ILO and the OECD themselves favoured an increase in the minimum wage, basing itself on the slight improvement in productivity over the last two years, but the first question is whether the proposed increase in the minimum wage is possible.

Forty years of democratic Spain: No resemblance to what it was

And what if salaries in Spain are increased as Popular’s chairman proposes?

Popular chairman Angel Ron’s proposal to raise salaries in line with productivity in order to speed up the consolidation of economic growth is clearly at least worthy of a discussion. In the short-term, it would have repercussions not only on corporate profits but also on improving confidence, the recovery in consumption, the increase in production and job creation.