US EditionMinimum Wage: without Agreement Between Companies and Trade Unions, the Government Will Re-Establish the Smvm by Decree
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The trade union centers and business employers of Argentina failed to reach an agreement this Wednesday to establish the new value of the minimum wage, which enables the government of Javier Milei to fix it by decree. The entry Guilds and employers of Argentina fail to agree on a new minimum wage was first published in the Digital Process.
The Wage Council, composed of business chambers, the three major labor unions, and the government, failed to reach an agreement once again. As a result, the Executive Branch will again define the new Minimum Wage, Vital and Mobile (SMVM), currently at $322,000, by decree. At the meeting, the labor unions requested an increase that keeps pace with inflation and recovers some of the purchasing power lost in recent years, while business representat…
The Workers’ Central and CGT ask for $553,000, starting in April, and the Autonomous, $736,000 “above the poverty line”
The national government announced today, in the Salary Council, that it will define the new value of the Minimum Vital and Mobile Wage (SMVM) by decree, in view of the lack of agreement between the parties present. The two CTAs showed differences when requesting an increase: according to information that could be accessed by the Agencia Noticias Argentinas, the Central de Trabajadores, like the CGT, requested $553,000, from April 2026, and the C…
The CTA of the Workers and the CGT ask for $553,000, starting in April, and the Autonomous one, $736,000 “above the indigence line.” The national government announced this Wednesday, in the Council of the Salary, that it will define the new value of the Minimum Vital and Mobile Salary (SMVM) by decree, given the lack of agreement between the parties present. The two CTAs showed differences when requesting an increase: according to information th…
The trade union centers called for ups and downs to accompany inflation and regain some of the lost purchasing power, while the chambers offered a minimum rise below inflation. Currently, the SMVM is under the basket of indigence.
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