US EditionWhat Will Happen to the Smi: so It Could Raise the Minimum Wage by 2026
4 Articles
4 Articles
As of 1 January 2026, the Smic will be automatically upgraded by 1.18%. The minimum wage will therefore rise to 1 823.03 euros gross per month and 12.02 euros gross per hour. However, this increase does not satisfy the unions who requested an additional boost.
The increase of 60.9% of the minimum wage (SMI) in seven years has hardly boosted the rest of the remunerations, which has placed the SMI in the most frequent wage range, no longer being the reference for unskilled or inexperienced workers.This is evidenced by the advisory committee for the analysis of the SMI in its fourth report published this month, in which it notes that this rapid increase has led to the concentration of employees "in a nar…
The Minimum Interprofessional Wage (SMI) will be discussed again in 2026. A few weeks ago the employers CEOE and Cepyme proposed an increase of 1.5% next year. This is a figure that the employers considered reasonable, since the SMI would be placed above 60% of the average salary in Spain, that is to say, the reference sought by the Ministry of Labour. However, this offer did not convince the ministry that it crossed it out of less rigorous and …
The statutory minimum wage increases from 12.82 euros to 13.90 euros per hour on 1 January 2026. Trade union representatives and employers had set this step together in the minimum wage commission last summer. As of 1 January 2027, the next step is to increase to 14.60 euros. In addition, DGB board member Stefan Körzell: {/mprestriction} "Around 6.6 million employees who work for the minimum wage have about 8.4 percent more in their purse from J…
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