Treasury Takes Half of Salary Increases Due to Lack of Income Tax Update
A Pimec report reveals that for every €100 salary increase, €44 to €52 goes to the Treasury due to the lack of income tax updates.
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The ECB sets negotiated wage pressure at 2.7% for Q1 2027, with no significant changes from 2026.
A Pimec report reveals that for every €100 salary increase, €44 to €52 goes to the Treasury due to the lack of income tax updates.
Pimec reports that cold progressivity of IRPF costs companies up to 210 euros for a worker to earn 100 euros net more.
Lidl invests 280 million in its IV Collective Agreement, with 15% salary increases and improvements in work-life balance for its 20,000 employees in Spain.
Over 90% of the 213,000 new employees in Argentina need to work more hours to make ends meet, according to UNSAM. Informality reaches 44.2%.
An Giang graduates seek jobs with salaries of 5-10 million VND, facing qualification and adaptability challenges in the Mekong Delta.
The OECD confirms that real wages in Spain are 2% below 2021 and will barely improve in 2026-2027.
The OECD places Spanish unemployment at 10.3% in May 2026, the highest among major economies, warning that real wages remain 2% below 2021.