In times of pandemic, telecom companies raise salaries, have they gone crazy?

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In these turbulent times, not all companies are in a bad situation due to the coronavirus , since the large telecommunications companies (Telefónica, Orange and Vodafone) have decided to review their collective agreements, and apply an increase in the salaries of their workers between and percent .

Therefore, employees who work in these companies are in luck, since they will have a salary increase this year, despite everything that is happening with the coronavirus .


The economic situation does not favor increasing salaries
Despite the global economic situation, which is producing different waves of coronavirus infections , and the increasing presence of new companies in the telecommunications sector, large companies have decided to bet on their employees and raise their salaries.

The large teleco  Ghana Email List   mmunications companies (Telefónica, Orange and Vodafone) have decided that was the year in which the salary reviews established by their collective agreements had to be applied .



Telefonica reviews salaries due to the unions' provision
Telefónica has been influenced by the Interpretation and Surveillance Commission of the Second Business Agreement. This commission analyzed the different conditions of the agreement and estimated that during the salary review of the company's employees had to be carried out.

The commission has estimated that the increase in salaries during this year should be made by percent , with percent through increases in biennium salaries and increases in staff categories.

In October of last year, a bonus of euros was paid , of which euros will be incorporated into the base salary at the end of this year, forming part of the salary of this year's employees.

Therefore, according to the agreement between companies and the different unions that are part of the negotiation within the company, this percent increase was agreed on a consolidated basis in the employees' payrolls and, separately, this payment of euros divided into the months of October and

Orange also reviews salaries due to pressure from the unions
Orange , in its subsidiary in Spain, is going to carry out a salary review of its employees above the CPI, clearly negative last year, and above the collective agreement.

The unions are once again involved in this salary increase and through their negotiations a salary increase of to percent has been foreseen . That is, the lowest salaries will have a salary increase of percent .

Salaries less than , euros will have an increase of percent, salaries between , and , euros will have an increase of percent, for salaries between , and , euros will have an increase of percent. percent.

In the case of salaries between , euros and , euros, they will have an increase depending on profits before taxes, interest, depreciation and amortization, and will have an increase of percent .

Vodafone signs a new collective agreement that forces it to review salaries
In Vodafone Spain, a new collective agreement has been signed, which establishes a salary increase of to percent , depending on whether the objectives have been met or not.

In this new collective agreement that will be in force from to , it has been established that a salary increase will be applied to all employees of the telecommunications company, as long as the salary is less than thousand euros.

The salary increases will be applied from July , and as in the case of Orange, they will be linked to meeting certain objectives for income from services and profit before taxes and interest.