Workers plan to cover expenses, but they are also concerned that there will be personnel restructuring or price increases, which are effects that employers see
The increase in the basic salary from $ 400 to $ 425 generates diverse reactions among workers and the business sector. Some citizens are already thinking about how they will use these resources, while companies analyze the possible impacts.
Luis Fernando Alonzo has been working for a company in the accounting area for more than two years. He assures that “it was time” for the salary increase to take place.
“It is not that you can occupy that $ 25 much, but it is the best increase compared to other years,” he says.
Alonzo says that he will use that $ 25 for gasoline, since he is transported to his place of work by motorcycle, and ensures that this is your biggest expense. It indicates that it will not reach you for something else.
President Guillermo Lasso announces that the Unified Basic Salary will rise to $ 425 in 2022
Fabricio Rodriguez is another worker. He works in the industrial area and this increase seems good to him. Say what it will occupy that value for common expenses such as basic services and even for public transport. He has been in his job for several years.
Rodríguez admits that he was surprised by the announcement last Monday by President Guillermo Lasso, who promised to raise up to $ 500 in the four years of his administration.
But not so much to Alonzo, as he claims to be “realistic” about the situation and, although he is happy with the rise, he says he is scared “because it will be more difficult for (companies) to pay.”
rony He works in Guayaquil and has various points of view. If you like that extra because you plan to save them for any emergency, however, it presumes an increase in product prices. He says that if this happens, he would have preferred that the increase not occur because it does not benefit.
The staff restructuring is a possibility for companiessays a representative of a shrimp farm, where about 600 people earn the basic salary.
“For the worker it will always be quite good, but a company that uses a lot of labor the impact is strong because the profit margins are not very high,” he says.
It indicates that, although the shrimp sector is growing, it does not mean that it always is. And he adds that the impact would be reflected in the first quarter of 2022.
With an increase in the basic salary in Ecuador, the costs of fines and alimony also rise
The owner of a small business in the food sector agrees with this, where four people with the basic salary register on their payroll. For him, the additional $ 25 pushes a possible increase in the price of the product they offer.
“In a certain way it limits us a bit because it not only represents the $ 25 of the increase but is also projected in other personnel items, which at some point will push a possible increase in the price (of the product),” explains the microentrepreneur.
However, this scenario is not common in all companies. Some see positive impacts, but with certain observations. For example, in Procarsa they consider that this measure will make their employees are more motivated in their activities.
“It always affects any salary increase, this is undoubted, but the positive impact that it will generate on our employees is even greater. The fact that they have more purchasing power will make them have more possibilities and they will be working with greater motivation “, he indicates Damián Baeza, general manager of Grupo Surpapel at Procarsa.
Thus, he also ensures that he understands the government’s decision and that, to continue undertaking, compensation, market opening, business opportunities, among other factors are needed.
These $ 25 additional to the basic salary it is the one with the highest percentage increase in the last eight years. Before there was a rise of $ 26 for fixing the salary in 2013.
In one year it represents an additional $ 300 And that’s not the only thing, explains economic analyst Guillermo Granja. Other items such as: contribution to employer and personal Social Security, thirteenth and fourth salary and reserve funds are carried over.
For example, a company, which must consider the 6.25% increase in salary, would end up canceling these values:
The contribution to Social Security goes from $ 44.60 to $ 47.39; the thirteenth salary from $ 33 to $ 35.42; the same value occurs for the fourteenth salary and reserve funds.
The citizen must also contribute 9.45% of the Social Security and it goes from $ 37.80 to $ 40.16.
The businessman Patricio Alarcón says that the basic salary will have a cost of an additional $ 150 million for the productive sector.
These will be the minimum wages in South America for 2022
“I think that the decision is not prudent, objective and anti-technical. We should be working on the competitiveness of the sector so that it can sell more, export more. Next year will have repercussions because the business sector will have less liquidity”, He exposes.
In fact, a citizen, who preferred the reservation of his name, is in charge of a domestic worker and that’s it she’s worried about the upside.
“For the average person who needs help in the home, raising $ 25 to just one person’s salary is very strong. In the year it would be $ 300 in total that we would have to assume, outside of the extra benefits that the law implies. I feel that the $ 25, which the employer is going to raise, will not be for me, but to make adjustments for the person who works at home“He says.
And there’s another factor to consider, he says Holbach Muñeton, president of the Federation of Chambers of Tourism of Ecuador and it’s about the wealth tax, with the recent tax law.
“We see it with great concern because they should have been technical measures regarding salary. In the case of tourism, it is the hardest hit industry, taxes have not been paid in many cases and we do not have help and the wealth comes to us. It is worrying for the hotel sector ”, emphasizes Muñeton.
It regrets that in a future scenario, jobs in this sector will be lost and that income, which comes from companies, will reduce.
The Human Talent expert Eduardo Tumbaco ensures that firing staff would not be the only consequence as some unions point out, but rather stop hiring.
The government assures that it did use technical parameters to decide a salary increase to $ 425
This because companies will make their budget adjustments considering overtime, among others. “The first thing that contracts are the new positions,” he points out.
And at this point they agree Jose Antonio Hidalgo, Executive Director of the Ecuadorian Banana Exporters Association (AEBE), and Miguel Angel Gonzalez, President of the Guayaquil Chamber of Commerce (CCG).
Hidalgo indicates that “this is bad news for those who are looking for a stable job” and that a technical analysis and compensation measures.
González considers the rise to be counterproductive. “Sales have not yet reached pre-pandemic levels.
In these circumstances, if the salary increases, the capacity to increase employment decreases. More than increasing the salary, the purchasing power of said salary must be increased“, Explain. (I)
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
