Increase salaries and reduce absenteeism at work
The next labor reform should have as agreed objectives the improvement of the management of medical leaves and the participation of workers in the benefits of companies.
The agreed labor reform solved the problem of high contractual temporality with good balances, and consolidated economic and employment growth. But all empirical labor market analyses show that average wages are stagnant and absenteeism for health reasons is growing strongly. Both labor problems are interconnected because the enormous business costs of sick leave, with a direct payment of 15 days, voluntary improvements in collective agreements and contributions in times of inactivity, hinder collective wage negotiations, against a backdrop of low productivity.
The goal for the coming years must therefore be to raise wages and reduce absenteeism, using the two tools offered by labor regulation, collective bargaining and regulatory reforms.
Translated by urgent.news from El Pais Economia's report; automated translation may contain errors. Machine-written — it may contain errors, so check the original before relying on it.
