The monitoring table of the collective agreement of Telefónica Spain met this Tuesday to make effective the salary review clause of the extension of the previous agreement, a meeting in which an increase in employee remuneration of 3.1 was approved. % in general terms and a consolidated plus of 150 euros, as reported by UGT.
Specifically, salaries are increased according to three concepts that include, on the one hand, a 1.6% increase in the salary review clause, to which is added an increase of 150 euros in the consolidated bonus and another increase in the 1.5% of the wage bill for 2024 with “translation of 0.7% into tables.”
“The calculation is made first with the increase in the CPI (in relation to that 1.6%, given that it had increased by 1.5% and is now regularized), then the 150 euros are added to the template and on top of that amount the increase in 2024 is made,” the union explained.
UGT has pointed out that workers will already see the increases in the January payroll reflected, while noting that it has requested that income updates be sent to people affected by the departure process and has also urged Telefónica to undertake “the salary review for outside the agreement.”
The company and the unions had been negotiating in parallel the conditions of the agreement with those of the ERE that was finally approved on December 21, with a final amount of 3,400 departures and in that negotiation it was also introduced that the company will be the first listed in Spain in applying the 36-hour work day.
The unions want to take advantage of the salary increase approved this Tuesday so that it can be applied to all 3,400 workers who will leave the company since the deadline to adhere to that offer does not end until February 8.
