The new Minimum Interprofessional Wage is approved for 2023

The approval of Royal Decree 99/2023, of 15 February, published in the BOE (Official State Gazette) establishes the new minimum interprofessional wage for 2023.  
The Minimum Interprofessional Wage (SMI) is the minimum remuneration that a worker has to receive to do a job by the law, whatever their job, age or sex. The Government has decided to increase the Minimum Interprofessional Wage by 8%, from the current 1,000 euros to 1,080 euros gross distributed in 14 annual payments. This new amount represents an increase of 8% concerning the minimum wage established in 2022, retroactive to 1 January. The new amounts will be applied retroactively from 1 January 2023, companies will have to regularise the corresponding differences where applicable.


The Minimum Interprofessional Wage is fixed at 36 euros per day or 1,080 euros gross per month distributed in 14 payments.



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