Eduardo Zubiaurre, president of Confebask, believes that the interprofessional minimum wage has risen a lot in recent years, so “the wage cost has risen a lot in a short time” for companies.
Eduardo Zubiaurrepresident of Confebask, has assured in ‘Boulevard’ of Radio Euskadi that, if the Government of Spain decides to raise the minimum interprofessional wage, “many business activities are going to have difficulties in creating employment and maintaining the current“since, together with the rise in raw materials and “costs of all kinds”, there will also be a “great” increase in “the salary cost“.
The leader of the business community of the CAV acknowledges that the increase in the SMI “has a social interpretation” because “it affects the groups that are unfortunately worst paid”, some 40,000 people in the Basque Country, and “it is a reality that it is there”, but from the business world it is believed that it will affect “activities with limitations to not be able to pay more”, such as domestic services or hospitality. “Surely this is not the best time to continue on that path of strong percentage increases,” he says.
Source: Eitb
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