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3w ago

Buenos Aires Paritaria Talks on Hold After Unions Reject 3.2% Wage Offer

Negotiations are paused until early next week when the government is set to table an improved wage proposal following union rejection of its 3.2 percent offer.

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Overview

  • The province offered a 1.6% salary increase in August and another 1.6% in October, totaling a 3.2% adjustment based on July pay scales.
  • Unions including ATE, Fegepba, UPCN and the Frente Gremial Docente dismissed the proposal as insufficient and demanded an additional September tranche plus higher allowances and automatic category upgrades.
  • Friday’s virtual bargaining session was adjourned after the rejection and is expected to resume Monday or Tuesday with a revised government proposal.
  • Provincial administrations face caps on monthly wage hikes under national policy even as Argentina’s annual inflation tops 40%, a gap peers like Santa Fe have successfully narrowed.
  • With September 7 elections looming, authorities view a swift paritaria settlement as vital to curb real wage erosion and address political pressures.