Wage Compensation: Balancing Social Pressure and Economic Realities

On November 26, the tripartite negotiations on wage compensation for 2026 began. Unions, employers, and the government gathered around the same table to determine an amount that could protect employees' purchasing power without putting companies at risk. As with every year, this process is expected to be challenging.

The labor unions come prepared with their own calculations, often driven by a sense of competition. This year, the amount...