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Argentina’s Bank Workers Get September Pay Floor Near ARS 1.87 Million After July Pact

The union says the raise is retroactive and applies uniformly across all banks, lifting accumulated increases to about 17.3% over December 2024.

Overview

  • TN and La Voz report a September minimum of ARS 1,872,937.28 gross, based on a basic salary of ARS 1,807,619.92 plus a ROE supplement of ARS 65,317.36.
  • El Cronista cites a different breakdown, with a basic of ARS 1,842,170.43 and ROE of ARS 53,251.40, totaling ARS 1,895,421.83.
  • The profit‑sharing ROE is a fixed, uniform payment for September that is paid regardless of category or seniority.
  • La Bancaria also updated the minimum Day of the Banker bonus to ARS 1,642,231.21, scheduled for November 6.
  • The update applies to all remunerative and non‑remunerative concepts and is enforced across public and private entities, with the union stating a cumulative 17.3% rise versus December 2024.