The Trade Union signed the closing of the annual parity (from April 2022 to March 2023), with an increase in its basic agreement, which raises the salary floor from $139,000 to $182,700, totaling an annual increase of 101%.

The increase will be effective in two tranches: in February the basic with presenteeism will be $165,900 and in March it will amount to $182,700, both remunerative sums for all purposes, they assured through an official statement.

The salary agreement, which was signed at the Ministry of Labour, Employment and Social Security, was signed by the Argentine Federation of Commerce and Services Employees (FAECYS) and the Argentine Chamber of Commerce (CAC), the Confederation of Medium Enterprises ( CAME) and the Union of Commercial Entities (Udeca).

More than a million workers will benefit from the closure of the joint trade union, led by Armando Cavalieri. For his part, the union leader stressed: “Once again we have managed to ensure that the wages of workers in commerce accompany the increase in prices and we closed the annual parity above inflation.”