The beginning of 2019 has brought important changes in terms of Social Security and Industrial laws.
From our firms 347 Asesores and Services & Solutions, we always try to explain these changes in plain terms so all of us can understand all these changes.
This is a very basic summary, and we strongly suggest your contacting us in order to obtain more information about any of these points.
Starting from the 1st of January 2019:
- MINIMUM WAGE INCREASED
Full-time minimum wage is increased up to 30 euros/day or 900 euros/month, or 12,600 Euros a year.
In case of part-time jobs, there will be also a share for Sundays or red days.
Union agreements will have to be updated to comply with this minimum wage, in case that their own particular minimum were lower.
- (ALMOST) ALL CONTRACTS WITH REDUCED SOCIAL SECURITY PAYMENTS ARE ABOLISHED
Except for training contracts for employees between 16 and 25 years of age, and for the disabled.
- PENSIONS RISE
The rise will take into account the Spanish RPI (Retail Price Index)
- FAMILY BENEFITS ARE INCREASED
The limit if income in order to receive family benefits is increased, therefore more families will have access to benefits.
- NATIONAL INSURANCE IS INCREASED
The amount that employers pay for the Social Security in their employees is increased around 22%
- THE SELF-EMPLOYED HAVE MORE BENEFITS BUT THEY PAY MORE TOO
The self-employed will have higher benefits but they will also pay more every month, not as much as employers but the minimum self-employment contribution will be for 283,80 € a month..
New self-employed will pay the flat rate for 60 Euros a month, instead of 50 Euros up to the end of 2018.
The employers who pretend working with another self-employed, when they are actually employees, will face fines from 3,126 to 10.000 Euros
- TEMPORARY CONTRACTS
The employers who have employees on temporary contracts might have to pay up to 40% more in National-Insurance payments.