The president of the Spanish Confederation of Business Organizations (CEOE), Antonio Garamendi, believes that workers should receive their full monthly payroll and be the ones who submit their contributions to Social Security.
The president made these statements at the entrance to the IV CEOE Trade Meeting when asked for his opinion on the reform of the Pension Law. “We have voted against the Law,” recalled Garamendi, who assured that it only serves “to increase the cost for companies.”
“It is the way in which we would really see how much the real cost of salaries is in Spain,” said Garamendi. This practice would serve to “raise awareness” among workers and social groups.
The business leader explained that it would involve “all the money being given to the worker on his payroll and for him to declare to Social Security and the Treasury, as happens with Income Tax (IRPF).”
“This business cost can be almost double what someone can actually afford,” said Garamendi, who has once again justified his ‘no’ to the pension reform carried out by the former Minister of Inclusion. José Luis Escrivá.
