Around 1.6 million staff will likely be affected by the brand new enhance within the minimal wage, in keeping with INE information Four out of ten individuals who work in associative actions, dry cleaners, hairdressers or restore actions earn lower than the present SMICAlmost 700,000 staff in Hospitality and Commerce will enhance their payroll to 1,080 euros gross per thirty days
Specifically, 12.6% of the employees included within the wage construction survey of the National Institute of Statistics (INE) and which covers all financial sectors, aside from agriculture, livestock and fishing and family actions as employers of home employees.
These information consult with full-time staff, that’s, the equal of the information from the brand new SMI accepted by the Government.
In absolute values, this 12.6% represents greater than 1.6 million individuals, considering the annual common of full-time staff from the Active Population Survey (EPA) for these sectors.
In addition, part-time staff who work 20 hours every week (part-time) and who earn lower than 540 euros per thirty days can even profit from the measure.
sectoral variations
When analyzing the element of the survey, we discovered giant variations relying on every sector.
Thus, the rise within the SMI will imply a wage enhance for a minimum of 4 out of ten full-time staff within the “different companies” exercise. A sector that features dry cleaners, hairdressers, funeral houses, gyms, laptop restore corporations, family home equipment, furnishings or footwear and associative actions (whether or not enterprise, employer, union, spiritual or political).
In absolute phrases, this 40% of wage earners in different companies who will profit from the brand new SMI characterize near 90,000 individuals.
The information from the INE survey consult with the 12 months 2020. It is true that it was an atypical train. But it’s the newest out there and, as well as, the chances of most sectors are similar to these of earlier years, even to the “regular” 2019.
One in three employed within the hospitality trade will earn extra
Another sector through which extra staff will profit from the rise within the SMI is the hospitality trade. Slightly a couple of in three (35%) employed in inns or related lodging, bars and eating places earned lower than these 1,080 euros per thirty days till now. In absolute phrases we’re speaking about 280,000 individuals.
In commerce, the proportion of beneficiaries will exceed 20%. Taking into consideration that it is likely one of the sectors that generates probably the most employment within the economic system as an entire, the quantity of people that will enhance their earnings as a result of new SMI can be round 400,000.
If we add each figures, nearly 700,000 staff in hospitality and commerce will enhance their payroll to 1,080 euros gross per thirty days.
We additionally discover excessive percentages of staff with salaries beneath the SMI in actual property actions (26%) and in creative, leisure and leisure actions (23%). All of them will get hold of financial benefit.
Better paid, much less affect
On the opposite hand, the rise within the SMI will hardly have a tangential impact on sectors the place public employment predominates, equivalent to administration or training, the place the chances of people that earn the minimal wage are lower than 3% and 6%, respectively.
It needs to be remembered that, on common, public salaries are larger than non-public ones, since within the public sector there’s a larger share of wage earners with larger training, a distinct occupational construction and larger seniority of staff. Elements all of them that have an effect on larger payrolls.
And the identical occurs in different actions which can be additionally characterised by having a excessive wage stage, equivalent to finance and insurance coverage (barely 3% obtain the SMI and, subsequently, will profit from its enhance) or staff in info corporations and communications or the development sector (lower than 6%).
Effect on employment
Until a number of months, and even years, have handed, it is not going to be doable to research in depth how the measure has affected the labor market as an entire. Although, within the brief time period, we’ve got already seen that it’ll imply extra cash for the pockets of a minimum of 1.6 million individuals.