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CCOO defends the control of inflation and dividends in the income agreement

The secretary general of the CCOO, Unai Sordo, declared this Saturday that if Spain wants to address the income pact “it cannot only affect wages.” Speaking to the media before the ‘March 10 Awards’ award ceremony in Santiago de Compostela, Unai Sordo stated that what the Government is going to propose to them cannot be just “a containment of the collective wages”, but must be accompanied of price reduction measures and control of company dividends. The Government will meet next Monday with employers and unions to try to promote a bilateral income pact between the social agents that, according to the central Executive, will serve as a factor of “confidence and stability” for citizens and companies.

Likewise, the general secretary of the CCOO has stated that the way to deal with collective agreements is to reach “multi-annual” salary agreements, two or three years, which guarantee the maintenance of the purchasing power of wages in that sequence. Thus, he has explained that the path would go in the direction of going to salary measures in 2022 that “are not inflationary”, but that are accompanied by a salary review.

Sordo has pointed out that now assuming wage increases in accordance with a CPI that “could reaching 8% or 9%” is not “realistic”. That is why he has opted as a “key point” to sign this salary agreement the “guarantee” that within “2 or 3 years” the salary levels in Spain are maintained or improved. In this way, Unai Sordo has asked the Government “effective measures” on the control of profits and on the distribution of dividends in companies, in the financial and non-financial sectors.

The confederal general secretary of the CCOO has lamented that if the negotiation of collective agreements, in a context of inflation, leads to a “fall in purchasing power of wages, the scenario of conflict “is sung”. Unai Sordo stressed that in a country “with an average salary of 17,000 euros”, a CPI of between “6% and 10%” is not “sustainable” without labor conflict.

In any case, Sordo has ruled out making predictions about what scenario awaits the remainder of the year in the field of labor unrest, since in a context of “instability” he has considered that making predictions is “risky”. before this scenario, the CCOO leader has claimed the need for a “three-way” commitment with the Government, unions and employers, and has insisted that “it cannot be” that the commitments are only assumed by the workers through “wage restraint” in collective agreements.