The Minimum Wage Will Increase 65 Euros per Month From 2027, Until 1,286 Euros
25 Articles
25 Articles
The final figure, already in public hearing and soon to be approved by the Council of Ministers, marks an increase of EUR 65, five more than the expert proposal
The recommendation was that the minimum wage should be increased by 4.9 per cent in 2027.
The Ministry of Labour and Social Economy has prepared a draft royal decree setting an increase of the Minimum Interprofessional Wage (SMI) to 2027 of 5.3%, up to 1,286 euros per month in 14 payments (42.87 euros per day) or a total of 18,004 euros per year.
The government will raise the minimum wage (SMI) by 5.3% in 2027, up to €1,286 gross per month by 14 payments.
The increase exceeds the expert committee proposal, which had recommended an increase of 4.9 per cent, in line with October inflation
The second vice president and Minister of Labour, Yolanda Díaz, will complete her term of office at the head of the Ministry of Labour with the highest increase in the minimum wage (SMI) in four years, raising it by 5.3% to 1,281 euros. This increase is even higher than that already proposed by her committee of experts, which forced her calculations to propose an increase of 4.9% taking as reference the last data of monthly inflation, the highes…
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