National Collective Bargaining Agreement for the Metalworking Industry – Minimum Wage Provisions Effective as of 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 was noted that the HICP (Harmonized Index of Consumer Prices for European Union countries) for 2022, excluding major energy prices, stood at 6.6%, which is higher than the percentage increase in the benchmark minimum wage rates already projected.
As per Federmeccanica’s “ News ” (Circular on Wage Adjustments), ref. no. 23 of May 17, 2021, and in line with the National Collective Bargaining Agreement’s (CCNL) role in guaranteeing the TEM, the rule has been reiterated that expressly provides that increases in the minimum wage scales 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 distributing any wealth generated; however, compensation amounts granted in connection with the manner in which work is performed (overtime, night shifts, rotating shifts, work on holidays, multi-week schedules, etc.) are excluded from such absorption. At the same time, the National Collective Bargaining Agreement provides for the absorption of individual pay increases granted after January 1, 2017, unless such increases were granted with an express clause stating they are not subject to absorption.
The contractual organizational model introduced in 2016 reserved for national collective bargaining (conducted solely by the social partners signing the collective agreement) the role of establishing, over time, guaranteed minimum standards —in part as a result of the takeovers mentioned above—, while it entrusted 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):
Would you like to learn more?
Sign up at studiopiceci.it to continue reading these exclusive posts.