Hacienda Riquelme Owners 2015 January Resort Newsletter

Hacienda Riquelme Owners  2015 January Resort Newsletter               

Welcome to this months Hacienda Riquelme Resort-wide Owners newsletter.

We aim to continue to show the true state of affairs at the resort rather the ever positive gloss-over comments that come from the Committee.This month we focus on costs and the average wage of workers!

Spain increases minimum wage

The Spanish government on Boxing Day approved a EU3 increase to the minimum wage.PM Mariano Rajoy announced the measure following a Cabinet meeting, confirming that the minimum monthly wage now stands at EU648.60.  The major trade unions immediately branded the gesture "insufficient" considering the increase in the cost of living over recent years.

Rajoy himself called the increase "modest", but insisted that it will benefit those already on the wage, as the increase was frozen in 2012, and only came to 0.6% last year. The trade unions have demanded a 12.5% increase for 2015, which would bring the minimum wage to EU725, to be followed by an increase of 10.2% in 2016, which would bring the minimum wage to 2016 in order to address the escalating cost of living in Spain over recent years.
Source: http://www.tumbit.com/news/articles/9849-spain-increases-minimum-wage.html

50% of Spain's workers earn under EU1,000 per month

 

Following 5 years of economic crisis, a long recession and austerity policies, almost 50% of Spanish workers earned less than EU1,000 per month while one-third did not even reach the minimum salary of EU645, according to data published by the tax revenue agency, based on tax returns presented last year.

Out of 16.6 million employed last year, 7.7 million had a salary of less than EU1,000, while 34% did not make the minimum salary.

The data included, among others, workers with short-term and part time contracts, almost all youths. In particular, 86% of 39,168 under-18 workers earned less than the minimum salary; while over 1.1 million workers aged 18 to 25, or 74.4% of the total, made less than EU645 a month, or the minimum salary.

According to the data, 16.7 million Spanish workers in 2013 remained below that threshold, out of 26.3 million salaried workers.
Recently, the European Commission slammed salary cuts in Spain following the economic crisis as ''slow, ineffective and unjust'', given that they mostly affected workers with short-term contracts and not workers with open-ended contracts.Source: http://www.tumbit.com/news/articles/9691-50-percent-of-spains-workers-earn-under-eu1000-per-month.html

 

 

HRGR Gardening Costs
Taking into account that the gardeners are a low paid role and with an average of 10 gardeners engaged at HRGR then assuming if they were paid the minimum EU 857 per month then the labour costs of the contract would be 8,570 per month.

This equates to 103,000 euros per year.

So why are we paying 340,000 euros per year?

Of course there are overheads, management costs and third party profit but at what level! Or looking at this another way 340,000 divided by the minimum wage of 857 euros equates to 393 gardeners - don't think we employ anywhere near that number!


Focus, Focus, Focus
As usual owners receive have countless WI Committee emails about policies on dogs, cats, and trees to name a few recent communications.

The hard stuff like driving down costs and what is actually happening on the debtors now reaching 2 million euros, fails to appear, time and time again!

It is as if they cannot see the wood from the trees!

     

Time to move on......
Time for change.....
Time for Action!

Warm regards

HRGR Owners and Sub Community Presidents that care!

 

Comments:

We always welcome comments and feedback, good or bad, from all owners, the committee or "committee member but personal views expressed only" .............

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