Labour Experts Propose Raising the Minimum Wage by 3.1% to 4.7% Next Year

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The representatives of the Ministry of Economy and the Ministry of Finance in the committee of experts that has calculated the increase of the minimum wage interprofessional (SMI) for 2026 disagree with the text that the agency will officially present this Friday to the second vice president, Yolanda Díaz. In this document it advocates an increase that goes from 3.1% to 4.7%. Both technicians consider that the methodology that has used this comm…

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The committee of experts that advises the Ministry of Labour has put on the table two proposals for the increase of the minimum wage interprofessional (SMI) next year.The first one would go through an increase of 3.1% in the case that it remains exempt from taxation and the second, for raising it somewhat more, 4.7%, if it began to pay IRPF.As has advanced this Thursday El País and confirm to the Economic Information sources of the Ministry of L…

europapress.es

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The committee of experts that advises the government on the minimum wage interprofessional (SMI) has complied with the...

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The final increase would depend on whether the threshold is changed so that these incomes do not pay IRPF

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EL ESPAÑOL

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The specialists put forward the two scenarios that Yolanda Díaz requested: that it raise up to 1,221 euros gross per month if it is exempt from taxation and up to 1,240 euros if it pays IRPF The employer's accounts that maintain that the minimum wage is 5% higher “than it should” The committee of experts of the Ministry of Labour already has the proposals to increase the minimum wage by 2026 requested by Vice President Yolanda Díaz. In order to …

Business Insider (Spain)

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The Minimum Interprofessional Wage (SMI) will rise in 2026 in Spain. This Friday, the second vice president and Minister of Labour, Yolanda Díaz, has announced the two possible scenarios for the next update. One that would put the amount at 1,221 euros per month if the increase is exempt from taxation, and another that would raise it to 1,240 euros in case of first application of the IRPF, with an increase of 3.5% and 4.7% respectively.