Díaz ignores the recommendation of her experts and sets an increase of the SMI by 5.3%, up to 1,286 euros

Yolanda Díaz has initiated a formal proposal to increase the minimum wage to 5.3% for 2027, surpassing expert recommendations. The Ministry of Labor published the decree without prior agreement from employers or unions, aiming to finalize the increase before the upcoming elections. The proposed minimum wage would rise to €1,286 monthly, benefiting around 2.5 million workers. While the increase exceeds inflation projections, it does not guarantee equivalent salary improvements for all workers due to existing compensation schemes. Unions demand a 7% increase and reforms to prevent companies from circumventing minimum wage hikes. The public consultation period for the decree ends on November 16, with a potential approval by the Council of Ministers shortly after.