Trade employees: agree for a 20% increase

The Argentine Federation of Commerce and Service Employees (Faecys), headed by Armando Cavalieri, today agreed with the chambers of commerce a "total wage increase" of 45%, regardless of the payment of the end-of-year bonus and to be paid in three sections, between January and next March, reported this afternoon to the union.

Commerce employees will charge an improvement of 7% in January, 7% in February and 6% in March (20%), which will be added next year to the 25% already agreed in advance. indicated a press release.

The union president said that in this way it had been agreed "a total of 45% of the badet reclbadification in defense of the merchants' purchasing power".

This salary improvement will be independent of the perception of the end of year bonus.

Cavalieri had agreed with the cameras "that a 10% salary increase advance in October" was to be paid in two installments (November and January) for all workers included in the 130/75 collective agreement.

In addition, the agreement provided that the revision clause planned for January 2019 was anticipated for this month, so that traders would receive a total of 45% per year, which represents "a figure closer to inflation forecast for this year ". , concluded the document signed by the secretary of press and broadcasting, Angel Martínez.