Repsol signs labor accord through 2028, indexing wages to inflation
Bitget2026/09/22 05:57- Repsol signed a new collective labor agreement with unions CCOO, UGT running from Jan. 1, 2025 through Dec. 31, 2028.
- Deal indexes salary tables to annual actual CPI, aiming to protect purchasing power for about 14,000 Spain-based employees.
- Agreement extends the summer intensive work schedule from June 1 to Sept. 30, widening flexibility provisions.
- Company will pay a one-off, non-consolidated bonus equal to 3% of annual reference salary tied to 2026 business performance.
- Includes social support measures, including up to EUR 1,000 gross per year for eligible employees with a disability of 33% or more.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.
JPMorgan raises target prices for Target and Walmart
Crypto prices
More
