{"id":18984,"date":"2024-02-12T21:41:08","date_gmt":"2024-02-12T20:41:08","guid":{"rendered":"https:\/\/addwill.eu\/important-update-new-minimum-wage-for-2024\/"},"modified":"2024-02-12T21:42:12","modified_gmt":"2024-02-12T20:42:12","slug":"important-update-new-minimum-wage-for-2024","status":"publish","type":"post","link":"https:\/\/addwill.eu\/en\/important-update-new-minimum-wage-for-2024\/","title":{"rendered":"Important Update: New Minimum Wage for 2024"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">The Royal Decree 145\/2024, published in the Official State Gazette on February 7th, marks a significant milestone by establishing the new <strong>Interprofessional Minimum Wage (SMI) for the year 2024<\/strong> in Spain.<\/p>\n<p style=\"text-align: justify;\">This adjustment represents a <strong>5% increase<\/strong>, raising the SMI from \u20ac1,080 monthly in 2023 to <strong>\u20ac1,134 monthly in 2024, distributed across 14 annual payments<\/strong>. It has an annual impact of an additional \u20ac756 compared to the previous year, resulting in a total annual income of \u20ac15,876.<\/p>\n<p style=\"text-align: justify;\">This directive uses 60% of the net average salary of the Member State as a reference to set the minimum wage, aligning the Spanish SMI with European regulations.<\/p>\n<p style=\"text-align: justify;\">Individuals whose remuneration is below the new SMI must adjust, even if the collective agreement establishes a different amount. It is crucial to note that the <strong>effect is retroactive to January 2024<\/strong>, so employers must include the additional \u20ac54 in the next payroll.<\/p>\n<p style=\"text-align: justify;\">The State Tax Agency (AEAT) has provided detailed information on the calculation of withholdings from February 8th, 2024, ensuring clarity and transparency in the process.<\/p>\n<p style=\"text-align: justify;\">At <strong>addwill<\/strong>, we prioritize keeping our clients well-informed and supported. We will be glad to provide you with additional information or guidance from our professional experts in the labor department.<\/p>\n<p style=\"text-align: justify;\">Feel free to contact us via phone at +34 934 875 200 or email at laboral@addwill.eu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The Royal Decree 145\/2024, published in the Official State Gazette on February 7th, marks a significant milestone by establishing the new Interprofessional Minimum  [&#8230;]<\/p>\n","protected":false},"author":14,"featured_media":18981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1034],"tags":[],"class_list":["post-18984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laboral-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/posts\/18984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/comments?post=18984"}],"version-history":[{"count":1,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/posts\/18984\/revisions"}],"predecessor-version":[{"id":18986,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/posts\/18984\/revisions\/18986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/media\/18981"}],"wp:attachment":[{"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/media?parent=18984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/categories?post=18984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/addwill.eu\/en\/wp-json\/wp\/v2\/tags?post=18984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}