Joint: Trade Union Agreed to a Quarterly Increase of 5.7%
22 Articles
22 Articles
It is the largest union in the country and whose negotiation serves as a reference for other sectors; moreover, it has agreed an extra bonus of $50,000; the UTA has closed an increase of 10.5%
The Argentine Federation of Trade and Services Employees (FAECYS) and the business chambers agreed a salary increase of 5.7% for the period July-September 2026. The increase will be applied in three consecutive tranches of 1.9% and will reach the workers covered by the collective agreement of the sector. In addition to the increase, the parties established the payment of an extraordinary bonus of $50,000, which will be paid in two instalments of…
The new wage review that includes raising in three stages, an extraordinary bonus and a new schedule to incorporate the fixed sum of $120,000 into the basic salary
They found a compromise solution and the annex to the collective agreement will be signed next week, and there will be no new increase in utility prices.
The basic wages will be re-updated with the second expected tranche of the parity increase, while the scheme of extraordinary payments continues.
According to information provided to DIARIOJUNIO, the Argentine Chamber of Commerce and Services (CAC), the Argentine Confederation of Medium-Sized Enterprises (CAME), the Union of Argentine Commercial Entities (UDECA), and the Argentine Federation of Commerce and Services Employees (FAECyS) signed a new agreement within the framework of collective bargaining for the commercial sector. The parties agreed to a 5.7% increase in the form of a non-c…
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