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Friday, December 09, 2022

Record reserves and new economic measures in BCRA

Record reserves and new economic measures in BCRA

The Joint Negotiation Policy continued its march and was confirmed by the CGT to strengthen the wage revaluation strategy beyond the possibility of receiving fixed sums or non-remunerative bonuses to compensate for the inflationary process, although they were asked by the labor union. Claims to give the government “a clear signal for traders to lower prices”.

The CGT’s board of directors has on several occasions called for “non-negotiable” to reopen parity “as often as necessary”, although this does not rule out the possibility of lowering inflation rates to obtain other benefits. .

During September, dozens of union bodies renegotiated pay and in all cases said they would promote a revision of the agreements, a scenario that added precedent in the previous week to the rest of the negotiations by a single Argentine tire union. can affect ( sutna).

All sources consulted agreed that Sutana, led by Alejandro Crespo, “turned off the best joint ever”, and beyond specifics about strategy and methodology, the union spokesperson described what was “received” by the workers. ” highlighted the combined tires in 2021-2022 and “by 2023 they have already agreed to 10% above inflation”.

With regard to the 2021/2022 parity, Sutna closed at 4.10 on Friday, an improvement of 16% for the fifth tranche of the pay review, which increased fees by 66% for the total period, but with an “extraordinary one” – Time Bonus” of 100,000 gross pesos that the Bridgestone, Fate and Pirelli companies would pay for the next fortnight, and that the union celebrated at a gathering.

For the 2022/2023 joint venture that began in July, Sutna and the business sector agreed on 25% from that month, another 16% from October, 10% in December, 12% in February 2023 and 10% from July the following year . : This result, validated by the Ministry of Labor, made it possible to resume supply and production in factories, which were blocked and paralyzed.

“The parity achieved by Sutna was the best ever achieved, which is undeniable,” he assessed from different sectors of the labor movement, and he also agreed that the second most important equality was obtained by Sergio to the Banking Association (AB). was obtained. The Palazzo, which agreed with the BCRA and the area’s four business chambers, improved by 94.1% in 4 sections.

As per the agreement at 94.1%, which includes all the excesses of the agreement, the starting salary of bank employees will be around 202,000 pesos from September and which will increase to 214,000 in October, 226,000 in November and 237,000 in December of this year.

In addition, in what is already a traditional policy of the union, workers will receive an initial bonus of 185,500 pesos for Banking Day—which is observed every 6 November and is not working by agreement—while for December It was agreed that the unions of national, public and foreign banks undertook a new review of the wage agreement.

With Sutna and La Bancaria’s background on the radar, union spokespersons from a vast area of ​​the labor movement pointed out that “a gesture of authority is certainly imposed on the part of the government so that businessmen can stop the indiscriminate increase in food prices.” product” because, he warned, “otherwise wages would be negotiated almost every month.”

However, the widespread conflict over tires did not undermine the joint agreement between state associations ATE and UPCN, which had agreed to an annual improvement of 60% in 5 sections—two of which have already been paid for—and now Managed to proceed to receive a fixed and non-remunerative amount of 30,000 pesos for a time, in the days before the Christmas holidays, with 10% more bonuses from January to next November.

UPCN, of Andrés Rodriguez, “agreed” with the agreement, as there would be a new review of that parity next January—though it would have to achieve another 10% for the final phase of reform in March, which could be advanced— And ATE, by Hugo “Cachoro” Godoy, accepted the official offer, although he said it was “totally inadequate.”

For the immediate future, the two negotiations devised in the Collective Agreement threatened conflict and paralysis of activities, as oil unions began efforts to update wages a few days earlier and, soon, led by Hugo and Pablo Moiano. Truckers Union in .

Union deputy and CGT co-chief Pablo Moyano warned last Thursday that his organization would demand more than a 100% wage increase from cameras, and declared that “truckers will mess up” if no agreement is reached. ” Will be so big that the struggle of tire workers is going to be fruitful».

These two combined parties usually stop and succeed only after various measures of force, as recent history shows.

On the one hand the negotiations of the Union of Workers of the Oilseed Industrial Complex, Cotton and Allied Ginners (Ftciodyara) in alliance with the Union of Oil Workers and Employees (SOA) of San Lorenzo and the Chamber of the Oil Industry (Ciara), on the other hand, of difficult negotiations promises as unions demand reform on the ideological basis of the current minimum, vital and mobile income.

In addition, oil producers demand an analysis of income tax as it has an aggressive impact on higher categories.

For the meat sector, weeks ago the Union Federation of Meat and Derivatives Industry Personnel agreed an inter-annual restructuring of 85%, corresponding to the April 2022-March 2023 period, for personnel of the Collective Agreement 56/75, and open positions. Left for a new review.

To reach agreement, unions and employers advanced 50% from December to November and added asset repossessions of 60% for January, 70% in February and 80% in March, thus accumulating 85% year-on-year. .

Another conversation that set the curriculum was that of five nationally represented teacher unions—SADOP, AMET, CEA, UDA and CATERRA—whose joint representatives kicked off the review of the pay floor with the academic portfolio, which is the minimum wage. will establish. a teacher at 70,000 pesos from 1 September, 75,000 in November and 77,137 in December; In addition, they agreed on a monitoring and review clause.

The Ministry of Education proposed to analyze the agreement in November and provide an additional amount of 5,634 pesos from September and 6,173 pesos from the following December for “educational materials and connectivity”, in addition, from October, the negotiation commission on the agreement on the teaching framework.

In a major activity of the industry, steel and metallurgical rolling sector, UOM, chaired by Abel Furlan, agreed with companies on an immediate payment of a retrospective 12% bracket for August, which would apply to the basic pay of March 2022, and it They also agreed to raise 20% in October and November this year for steel industry workers included in Collective Bargaining Agreement 260/75.

That metallurgical sector will receive a further 20% growth, this time split into two 10% tranches in October and November, while Gerardo Martínez’s Euocra has closed a 14% improvement in three phases, which is already in place. Will be added to 62% received. Outline of progress of traditional revision.

“This would be an annual revenue improvement of 76% overall. 8% in each of the already agreed installments for September, October and November, another 5% will now be added in the first two months and 4% in November, and there will be a new review that month,” explained the secretary of UOCRA. .

Finally, the Union of Receivers of Grains and Annexes (Uragara) agreed to a wage increase of 70% for eight months for private port personnel, with revisions for the three branches of activity the following March, the union’s chief. According to. Paul Palace.

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