The president of the CAEB Confederation of Balearic Business Associations, Carmen Planas, has criticised the Spanish government's "unilateral" decision to raise the minimum wage by 8% to 1,080 euros (fourteen payments). Planas considers that this will be counterproductive in terms of creating jobs and notes that the CEOE Spanish Confederation of Business Organisations did not attend the dialogue table convened by the employment ministry as it had not received any response to its proposals.
Employers say that minimum wage rise will lead to job losses in the Balearics
Critical of a Spanish government "unilateral decision"
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Of course incomes depend on productivity and added value. But if you can’t afford to pay this minimum wage particularly on a high cost place like Majorca Then you haven’t really go a business and should find something else to do. When the minimum wage was introduced in the U.K. The same calls of unemployment were raised. Guess what .. didn’t happen.
So 1080€ a month will lead to job losses but 1040€ a month won't? What a load of ########!