Public Employees Set to Receive Additional Salary Increase in 2024
Public employees are poised to receive an additional salary increase of 0.5% for the year 2024, following the confirmation of revised inflation data for December, which meets the conditions necessary for this increase to be implemented. This decision stems from an agreement reached between the Government and labor unions CCOO and UGT, which outlined salary increases for the years 2022, 2023, and 2024. Under this pact, the additional wage increase of 0.5% for 2024 will now be confirmed and consolidated.
The 0.5% increase is contingent upon meeting macroeconomic requirements, specifically that the accumulated change in the harmonized Consumer Price Index (CPI) between 2022 and 2024 surpasses the previously established fixed wage increases of 8% over that period.
This increase will officially take effect once it is published in the Official State Gazette (BOE) and will compensate current salaries as they stood on December 31, 2023. Moreover, its effects will be retroactive, beginning from January 1, 2024. When combined with previous increases, this latest adjustment brings the cumulative salary rise for public employees between 2022 and 2024 to 9.5%. However, since each increase builds on the prior one, the real impact on salaries will be even more significant.
The initial agreement included a salary increase of 3.5% for 2022, a fixed increase of 2.5% plus an additional 0.5% linked to the CPI for 2023, along with another 0.5% tied to GDP growth, and stipulated a 2% fixed increase for 2024 along with the 0.5% linked to the CPI.
In a statement regarding this development, CCOO and UGT emphasized that this increase effectively concludes the existing salary agreement with the Government. They are now calling on the Government to initiate negotiations for a new pact that will address the forthcoming years.
The unions stressed that any new agreement should focus on critical areas such as employment rights and wages, aiming to enhance both the working conditions for public employees and the overall services provided to the citizenry. This proactive approach highlights the importance of sustainable growth in both job security and remuneration for public service workers as they navigate these evolving economic landscapes.
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