Contractual wages and salaries - Q1 2022

The index of wages according to the national collective bargaining agreement measures the evolution of wages and salaries (per employee or per hour) determined by contractual provisions set by collective agreements; the indices are calculated with reference to the fixed employment structure of the base period (December 2015).

At the end of March 2022 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 6% % in terms of employees and 45.7% in terms of the total amount of wages.

In March 2022, the hourly index and the per employee index increased both by 0.1% from last month.

Compared with March 2021 the hourly index and the per employee index increased by 0.7%.

In the period January-March 2022 the hourly increased by 0.6% and the per employee indices grew by 0.7% y/y.