Minimum wage increases in the National Collective Bargaining Agreement for Metalworkers – Confapi
- giorgiafrisenda
- June 28, 2024
- Reading time: 1 min
News Flash No. 22/2024
On June 11, 2024, UNIONMECCANICA, with the assistance of CONFAPI and FIM-CISL, FIOM-CGIL, and UILM-UIL, signed the National Collective Bargaining Agreement (CCNL) applicable to workers employed in small and medium-sized metalworking, goldsmithing, and Unionmeccanica Confapi plant installation industries.
Among other things, new minimum contractual wages were defined, effective from June 1, 2024, following the announcement by Istat of the value relating to the 2023 IPCA adjustment (net of major energy costs), which, at 6.9% (higher than the overall reference salary increase established in the CCNL renewal agreement), triggered the safeguard clause, whereby the amounts will be adjusted, from June 2024, to the final IPCA-NEI value.
We would like to remind you that the safeguard clause is a clause whereby, if the actual inflation rate for the previous year, as measured by Istat (the Italian National Institute of Statistics) on the basis of the HICP index at the beginning of June each year, is higher than that forecast at the time of contract renewal, the "minimum wage" is "adjusted to the resulting amount."
Below are the new minimums from June 2024:
