The Government’s decision to exempt a series of additional agreements from the Irpef payment – such as overtime, per diem or productivity bonuses – it does not replace the minimum wage increase nor is it a tool – as the Economy claims – so that the increases that are negotiated in parity do not skyrocket above the guideline of a 30% semi-annual increase.
The explanation is simple. Workers registered in a dependent relationship (private and public) total 9,712,219 (latest official figure) and with the exception of Remuneration for some salary items it would cover about 600,000 workers, according to official calculations.
Consequently, a parity that allows for a six-monthly increase of 30% in exchange for that income exemption for those 600,000 workers – which has a different impact in each activity because it will depend on the wage scale – It would hurt the vast majority. It is that inflation estimates for the January-June period are around 45/50%. And it may only have a compensatory or neutral effect for a smaller proportion of those who are exempt from these additional agreements.
Whereas, on the other hand, salary increases are integrated into the salary and subsequent increases are calculated on a higher basis, the additional agreements may not be permanent, resulting in a lower salary increase in the future.
Furthermore, the year began with almost one million workers exempt from income tax and with the provision of exclusion of some wage items, around 400,000 employees would be affected by the tax and with higher amounts. And the rest would only have some tax relief provided that, for example, productivity, per diem or overtime bonuses earned from Earnings.
Not even the employees reached by Profits and “out of agreement” would have a tax relief.
On the other handthe salary plan of the earnings already accumulates a significant lag and economy he had promised that only 10% of wage earners would pay that tax, nearly a million workers.
The minimum wage was last updated in January when it was set at $404,062 gross, based on the interannual rate of the RIPTE (Taxable Remuneration of Stable Workers) as of October 2022. From then to February (last official figure) the RIPTE increased by 25.3%, so that the minimum wage should total $506,230 gross. A delay of just over $100,000. If we add the values for March and April, the delay can exceed $160,000.
This salary threshold is also applied as a ceiling for the collection of family allowances, such as wages for minor children, of dependent workers. And now it is one of the values that are taken as a parameter for accessing the pension moratorium through the discounting of the resulting debt up to 120 installments.
In summary, far from reducing the wage claim and avoiding the increase in the minimum wagewith such measures look for the government than in renewals of agreements approval of productivity clauses is encouraged and effective pay is improved of the worker in those activities where there is resistance to overtime work due to the strong income discount.
NS
Source: Clarin
