Contractual increases in minimum wage rates for June 2023 under the Metalworking Industry National Collective Bargaining Agreement
- giorgiafrisenda
- June 12, 2023
- Reading time: 2 min
News Flash No. 17/2023
Subject: Updates on contractual increases in minimum wage rates effective from June 2023 related to the Metalworking Industry National Collective Bargaining Agreement signed by Federmeccanica-Assistal, Fim, Fiom-Cgil, and Uilm
In accordance with the new rules for determining contractual minimums, introduced by the safeguard clause included in the last contractual renewal of February 5, 2021, which adjusts wages to the increasing cost of living, the increases in the contractual minimums of the Metalworking Industry CCNL are based on an annual ex post verification system, retrospectively, of inflation measured by the HICP index, net of imported energy.
As of June 1, 2023, wage increases, initially provisionally quantified, could amount to 6.6%, following ISTAT's communication regarding the 2022 HICP adjustment amount, considered net of imported energy. The increases from June 2023 would therefore be significantly higher than the overall reference wage increase established in the CCNL for 2023 of 1.44% (equivalent to €27.00 for level C3).
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