Argentina’s industrial union has come out to plant its position on the $24,000 bonus for private-sector employees the government announced Wednesday. The production pole has expressed “concern about impact which will have the modality with which the concession of the wage bonus will be implemented in the productive sector.

“Currently, the industry has more than 800 collective agreements in full force, agreements that are result of consensus between workers and employers. Industrialists and workers in the sector consolidate a model that allows for the positioning of industrial wages 40% above the national average”the UIA said in a statement.

They added that during 2022 joint negotiations were reopened and functioned as “an effective mechanism to address the inflation problem.

“The methodology set up by the Gospring affects that dynamic recomposition of the purchasing power of wages, generating distortions And unpredictability to the functioning of one of the most important assets that workers and industrial entrepreneurs have coined for years: joint ventures.

note under development