Euskaraz irakurri: Kotizazioen igoera “zigor handia” da enpresentzat, Confebasken iritziz

Confebask, the Basque Business Confederation believes that the pension reform announced by the Government of Spain, increasing the income of the system through the increase in the contributions of companies and workers to Social Security, will mean a great impact for Basque companies in the next two years and will hamper their competitiveness.

The confederation has made a first estimate of the additional cost that the measure would entail in the short and medium term. Thus, he estimates that companies, as a whole, will be forced to pay for the nearly 700,000 employed workers in the Basque Country a additional cost of approximately 530 million euros for the next two years, 2024/2025. If the reform is maintained under the currently known conditions, this business extra cost would be close to 1,500 million up to 2030, and 5,000 million up to 2045. Impact estimates, which do not include the 6% extra cost for solidarity of labor income above the maximum contribution bases.

Given these figures, the business confederation believes that the measures will mean a “major corporate punishment”due to the increase in labor costs “without being accompanied by greater productivity”, something that, in the current context of high uncertainty and low profitability, will seriously hinder business competitiveness in the Basque Country”.

According to Confebask, also the employment will be disadvantaged, since the measure “will discourage the hiring of more employees, as their fixed cost is high”. In addition, “it will harm the purchasing power of workers”, at a time of high inflation, since they are “measures that will reduce the net salary and limit the ability of companies to update the salaries of the current staff, stressing the negotiation collective and labor relations.

Likewise, Confebask estimates that the increase in the maximum contribution bases will affect nearly 100,000 employed workers in the Basque Country, which “will penalize the hiring of more qualified workers and will mean a added difficulty to attracting talent in Euskadi”.

Source: Eitb

Alia

Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.