usatoday24
Salaries have been in the center of the political news before a consumer market With upward prices and a Mermous purchasing power for inflation in recent years. The National Statistics Institute (INE) has published the consolidated data of the ‘Salary Structure Survey’of 2023 and leaves a worrying fact: the most frequent gross salary in Spain does not exceed 16,000 euros a year.
Downward wages. According to the data obtained by the INE on a base of 220,000 workers surveyed, the most frequent salary in Spain In 2023 it was 15,574.9 euros gross per year, a figure that received 4.6% of the total employees. This data is especially striking because it is a considerable decrease compared to 2021, but an increase with respect to 2022 that was 14,586.44 euros.
Between 2018 and 2020, the INE data placed the most frequent salary at 18,468.9 euros per year, which shows a clear setback in the most common retribution. The second most frequent remuneration is already at 19,500.29 euros gross per year, salary that recognizes 4% of workers.
In addition, the statistic indicates that one in four employees (25.6%) charged between 14,000 and 20,000 euros per year in 2023. In contrast, only 10% of employees earned more than 49,836 euros gross that year, while three out of four had a gross salary of less than 34,992 euros per year. The INE emphasizes that “many more workers appear in low values than in the highest salaries.”
The SMI effect. The main reason that explains the downward difference in the most frequent salary from 2021 is the Progressive Increase of SMI. This increase has caused salaries to be drastically reduced by the SMI, which In 2023 he set in 15,120 euros per year, which meant an 8% increase compared to 2022.
This climb has made many workers who previously charged that amount They have seen their salary increased Until that level, making salaries in the strip of less than 16,000 euros more frequent.
The average salary improves a bit. The concentration in low salaries in the strip between 14,000 and 16,000 euros has also promoted the average annual salary per worker. In 2023 it increased by 4.1% compared to the previous year, standing at 28,049.9 euros.
This increase is the tenth consecutive year of growth, although the average salary is still well above the most frequent salary and medium salary (which divides the number of workers into two equal parts) that reached 23,349 euros per year.
Gender differences. The salary difference by gender remains evident in the labor market of Spain. The average annual gross salary of men was 30,372.49 euros, while that of women stood at 25,591.31 euros per year.
Although the salary of women grew 5.1% compared to 3.4% of men, women continue to charge only 84.3% of the average male salary. However, this difference is not attributable to discrimination because of gender since “it is reduced if similar jobs are considered.” Actually, the difference is derived from the greatest incidence of Part -time work among women (21.1%) against men (6.6%), resulting in a lower annual salary.
The salary goes by sectors. The data of 2023 have revealed that the sector with the greatest annual remuneration was that of supply of electricity, gas, steam and air conditioning, with an average salary of 54,447.9 euros. This leaves this labor sector between The best paid with almost double the national average. They are followed by financial and insurance activities, with 48,922.8 euros per year.
At the opposite end, hospitality workers, who received 16,985.78 euros and those of other services with 19,751.59 euros, figures well below the averagealthough both sectors experienced increases compared to 2022.
Rich community, poor community. In the breakdown for autonomous communities, the Basque Country leads the ranking with an average salary of 33,504.9 euros, followed by Madrid (32,219.6 euros) and Navarra (31,199.6 euros). This average denotes a labor market with a predominance of employment in banking, industrial, technological and added value services, which offers higher salaries and, therefore, raises the salary average of these communities.
On the opposite side, Extremadura (23,684.2 euros), the Canary Islands (24,033.5 euros) and Castilla-La Mancha (24,885.6 euros) registered the lowest wages, regions in which the low wages of the hospitality and agricultural sector have reduced the average salary. However, all regions increased their average salaries in 2023, highlighting Extremadura (8%), Navarra (6.9%) and Murcia (6.2%).
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