Close Menu
WTX NewsWTX News
    What's Hot

    Trump Adopts a Tough Stance on Foreign Policy

    December 28, 2025

    Roy Keane praises Man Utd player for ‘outstanding’ performance against Newcastle

    December 27, 2025

    Britain’s ‘loneliest sheep’ set to have twins after two years of losing weight

    December 27, 2025
    Facebook X (Twitter) Instagram
    Latest News
    • Trump Adopts a Tough Stance on Foreign Policy
    • Roy Keane praises Man Utd player for ‘outstanding’ performance against Newcastle
    • Britain’s ‘loneliest sheep’ set to have twins after two years of losing weight
    • Parents honour ‘murdered’ mother of six as £18,000 raised for her children
    • 12-Year-Old Boy Heroically Rescues Lives After Mom Collapses While Driving at 60mph
    • Three Missing Following Devastating Boxing Day Fire in the Early Morning
    • British activist reunites with family in UK after years imprisoned in Egypt
    • Cornwall Seal Sanctuary Rates Its Residents – Who’s Number One?
    • Memberships
    • Sign Up
    WTX NewsWTX News
    • Live News
      • US News
      • EU News
      • UK News
      • Politics News
      • COVID – 19
    • World News
      • Middle East News
      • Europe
        • Italian News
        • Spanish News
      • African News
      • South America
      • North America
      • Asia
    • News Briefing
      • UK News Briefing
      • World News Briefing
      • Live Business News
    • Sports
      • Football News
      • Tennis
      • Woman’s Football
    • My World
      • Climate Change
      • In Review
      • Expose
    • Entertainment
      • Insta Talk
      • Royal Family
      • Gaming News
      • Tv Shows
      • Streaming
    • Lifestyle
      • Fitness
      • Fashion
      • Cooking Recipes
      • Luxury
    • Travel
      • Culture
      • Holidays
    WTX NewsWTX News
    Home»Business

    “The SMI is a Government intervention within collective bargaining”

    0
    By News Team on January 20, 2025 Business, Spain
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Gerardo Cuerva, president of Cepyme, describes the Minimum Interprofessional Wage as “interventionism” on the part of the State and points out that the Government does it for “political wills.” This is how Cuerva spoke this Monday prior to a new meeting on the SMI: “Salary increases of more than 80% in eight years due to political will are not necessary at the moment we are in. We do not know the memory of these data and so It is difficult to support the why and the consequences. The SMI is an intervention by the Government, which has power, but I dare say that it is a clear intervention within collective bargaining.”

    Regarding whether Cepyme is positioning itself for a 0% increase for this year, the president of Cepyme has stressed that “we should not get lost in the number, but in the overall situation and measures that the Government addresses.” Alluding to the fact that “talking about the growth of the SMI without taking into account the characteristics of each company does not make sense or reason to exist. It is not worth talking about the reduction of working hours and SMI independently.”

    Company size

    Small and medium-sized companies in Spain are below the European average, 5.9 workers, in terms of number of workers, 4.8. This is reflected in the Business Growth report prepared by Cepyme. In this sense, Spain only remains above Italy, compared to the large EU countries, which have, on average, employees.

    Thus, the difference with countries like Germany or the United Kingdom is the most pronounced. German SMEs have 11.9 employees on average and those in the United Kingdom 8.7. In this sense, the number of medium-sized companies should grow by 36% to reach the figures that exist in the countries around us (up to 24,735 medium-sized companies).

    The growth of companies not only benefits entrepreneurs, but would also bring with it higher salaries due to having more resources; a greater attraction of talent, both from Spain and other countries; better access to financing; and greater productivity and competitiveness with the rest of the EU countries, since Spanish SMEs export 40% less than their European counterparts.

    And the smaller size of the companies means that productivity is lower, since sales per employee in Spain stands at 329.2 euros, compared to 788.7 in Ireland, 592.4 in Belgium or Denmark’s 485.5, countries with which there is a greater gap. Despite this, the EU average is also 10% above sales per worker in Spain, with 362.2 euros.

    Obstacles to growth

    The growth of SMEs is biased by the regulations that the Government carries out year after year. An example of this is the increase in the SMI, which has grown by 73% since 2016 and which affects, with special force, companies that have a smaller number of employees due to the increase in costs that it entails and that is not reflected. in an increase in productivity.

    Another problem faced by SMEs is absenteeism, which at the end of 2024 remained at rates of 7%, a level it rose to since the pandemic and has remained at.

    Finally, bureaucratic burdens mean that SMEs spend time that they could dedicate to developing their activity to managing reading regulations and keeping up to date with tax news. Administrative burdens that Cuerva highlights “discourage the sector.

    WhatsAppTwitterLinkedinBeloud

    “The SMI is a Government intervention within collective bargaining”


    News Just in

    Trump Adopts a Tough Stance on Foreign Policy

    Loisa Lane

    In “Trump Establishing a Hard Line on Foreign Policy,” the key point is his unwavering stance against adversaries. By prioritizing national interests and adopting a

    Read More »

    Roy Keane praises Man Utd player for ‘outstanding’ performance against Newcastle

    Latest News Editor

    Roy Keane praised Marcus Rashford as “outstanding” in Manchester United’s victory over Newcastle, highlighting his crucial contributions to the team’s success.

    Read More »

    Business News Spanish business news
    Previous ArticleBritish hostage released, United and Spurs lose again and Trump’s inauguration today 
    Next Article Missing Aberdeen sisters latest: Police reveal eerie final text sent to landlady at same time as last sighting

    Keep Reading

    Complete Schedule of DWP Christmas 2025 Payment Dates

    UK economy shrank unexpectedly in October

    Average asking price for UK home drops by £5,000 in November

    US and UK agree zero-tariffs on pharmaceuticals

    Southeast Asia grows wary of crypto mining

    3 Key factors and 2 tricks to watch out for in Today’s Budget 2025

    Add A Comment
    Leave A Reply Cancel Reply

    From our sponsors
    Editors Picks

    Review: Record Shares of Voters Turned Out for 2020 election

    January 11, 2021

    EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

    January 11, 2021

    World’s Most Advanced Oil Rig Commissioned at ONGC Well

    January 11, 2021

    Melbourne: All Refugees Held in Hotel Detention to be Released

    January 11, 2021
    Latest Posts

    Friday’s News Briefing – Chaos in Westminster – More dead in Gaza and the weekend preview

    February 24, 2024

    Queen Elizabeth the Last! Monarchy Faces Fresh Demand to be Axed

    January 20, 2021

    Marquez Explains Lack of Confidence During Qatar GP Race

    January 15, 2021

    Subscribe to News

    Get the latest news from WTX News Summarised in your inbox; News for busy people.

    My World News

    Advertisement
    Advertisement
    Facebook X (Twitter) TikTok Instagram

    News

    • World News
    • UK News
    • US News
    • EU News
    • Business
    • Opinions
    • News Briefing
    • Live News

    Company

    • About WTX News
    • Register
    • Advertising
    • Work with us
    • Contact
    • Community
    • GDPR Policy
    • Privacy

    Services

    • Fitness for free
    • Insta Talk
    • How to guides
    • Climate Change
    • In Review
    • Expose
    • NEWS SUMMARY
    • Money Saving Expert

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 WTX News.
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.