Sunday, June 7, 2015

Large firms wages rise 0.7% to April, although … – EntornoInteligente

Large companies raise wages by 0.7% to April, despite increasing sales nearly 6% / Information .com / Although they are betting on wage moderation, most billing itself is translating into more jobs

MADRID, 7 (EUROPA PRESS)

Large-those companies that billed more than six million euros per year until April accumulate an average increase in their sales close to 6% over the same period of 2014, but this rise of its turnover is not translating in large wage increases, they continue betting on moderation in wages.

In fact, the gross average wage of large companies rose an average of 0.7% in the first four months of the year compared the same period in 2014, to be around 2,150 euros a month, according to the Tax Agency.

This means spike in wages paid to workers in large companies practically coincides with the registration until April by the collective bargaining. Specifically, according to statistics of the Ministry of Employment agreements, the average wage increase agreed in collective agreements recorded to April reached 0.71%.

Both agreed on the wage variation agreement as applied by large companies, which are governed by their own collective agreements exceeds 1.3 points in the CPI annual rate in April (-0.6%) published by the National Statistics Institute (INE).

In light of these figures, wage moderation appears to remain a hallmark of tackling the remuneration policy in companies.

The national agreement for Collective Bargaining (NCSA) for the period 2012- 2014 has been the guide negotiators collective agreements (trade unions and employers) until recently, argued for moderate wages, with increases close to 0.6%.

The new covenant agreements, which replaces the aforementioned agreement and covering the period 2015 and 2017, bet, however, by wage increases of up to 1% this year and to 1.5% in 2016, in the heat of the economic recovery.

WAGES moderate, but more jobs.

The truth is that large companies sell more than before and even more than before the crisis. The pace of revenue growth (5.9% to April) is, by far, the highest since 2000.

And although his greatest sales are not translating into significant wage increases (the Having a negative inflation also contributes to the moderation of wages), it seems to be having reflected in employment. That is, large companies are not taking advantage of their higher sales to raise wages, but to create jobs. In fact, their staff have increased by 2.8% through April.

After six years slashing its turnover (2008 to 2013), large companies began to record growth in sales in the fall of 2013 . That year not closed in positive, but in 2014, when sales rose 2.4%.

The recovery of revenues of large companies took a few months to translate into more jobs. After six years destroying template, the jobs in these companies began to grow in February 2014 and since then job creation has remained positive, with increases above 2.5% since early this year, coinciding with the experienced further impetus for sales.

Until April this year, the staff of large companies stood at 4,565,103 workers, according to the Tax Agency, a figure 2.9% higher than a year before.

(EuropaPress)

Information Information .com

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