The salary of public officials and workers will rise 0.5% more due to the rise in GDP

The improvement in the economy confirmed today will force administrations to raise the salaries of civil servants and public workers by an additional 0.

Oliver Thansan
Oliver Thansan
29 January 2024 Monday 15:49
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The salary of public officials and workers will rise 0.5% more due to the rise in GDP

The improvement in the economy confirmed today will force administrations to raise the salaries of civil servants and public workers by an additional 0.5%, up to the 3.5% improvement over last year. The revaluation affects employees of the general, regional and local administrations.

The agreement reached by the Government and unions contemplated an increase in payrolls linked to the evolution of the nominal Gross Domestic Product (GDP) in 2023. “If the increase in nominal GDP equaled or exceeded that estimated by the Government in the macroeconomic table that accompanies the preparation of the Budget law, a complementary salary increase of 0.5% will be applied,” it stated. As the nominal GDP, released today by the National Institute of Statistics (INE), has reached 2.5%, public administrations will have to approve an additional increase.

Sources from the Ministry for Digital Transformation and Public Service report that the salary revaluation of public employees will be approved in a future Council of Ministers.

Once approved, the salary of public employees will have increased by 3.5% in 2023, the same percentage as in 2022. In principle, the salary agreement for 2023 included a fixed increase of 2.5%, but included two additional increases of 0.5%, one linked to inflation and the other to growth.

The salary improvement linked to inflation was already approved last October with retroactive effects from January 1 because the harmonized CPI for 2022 and 2023, until September, exceeded 6%.

By 2024, the agreement reached contemplates a fixed salary increase of an additional 2%. An additional 0.5% could be added to that amount if the harmonized CPI from 2022 to 2024 exceeded the fixed remuneration increase accumulated in those same years.