National Collective Bargaining Agreement for the Metalworking Industry – Minimum Wage Standards Effective June 1, 2023 – Effects
- June 19, 2023
- Reading time: 2 min
Updated: June 20, 2023
News Flash No. 18/2023
Subject: National Collective Bargaining Agreement of February 5, 2021, for the Metalworking and Plant Installation Industry – Minimum Wage Provisions Effective June 1, 2023 – Effects
On June 16, 2023, Federmeccanica officially announced that the parties to the sector’s National Collective Bargaining Agreement had formalized the new increases to minimum wages, updating the amounts for travel allowances and on-call allowances.
It has been noted that the HICP (Harmonized Index of Consumer Prices for European Union countries) for 2022, excluding major energy costs, stood at 6.6%, which is higher than the percentage increase in the standard reference minimums already projected.
As per News , ref. no. 23 of May 17, 2021, in line with the National Collective Bargaining Agreement’s role in guaranteeing the TEM, the rule has been reiterated that expressly provides that increases in the minimum wage rates absorb any fixed amounts that may have been granted by the company after January 1, 2017, thereby safeguarding the role entrusted to company-level bargaining in the distribution of any wealth generated, with the exception of remuneration amounts granted in relation to the manner in which work is performed (overtime, night shifts, rotating shifts, holidays, multi-week schedules, etc.). At the same time, the National Collective Bargaining Agreement provides for the absorption of individual raises granted, again after January 1, 2017, unless such raises were granted with an express non-absorbability clause.
The contractual organizational model introduced in 2016 reserved for national bargaining (conducted solely by the social partners signing the collective agreement) the role of establishing, over time, minimum guarantees , partly as a result of the aforementioned takeovers, while entrusting company-level bargaining with a redistributive function solely through “fully variable performance bonuses.”
Accordingly, the new minimum rates effective June 1, 2023, are confirmed below (see the far-right column):
Want to learn more?
Sign up at studiopiceci.it to continue reading these exclusive posts.