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Bank Workers’ Wages Rise 2.9% for January as Starting Pay Tops $2.125 Million

The union is using automatic CPI indexation to shield purchasing power until bargaining restarts in March.

Overview

  • The Asociación Bancaria applied a 2.9% update tied to INDEC’s January CPI, setting the sector’s starting salary at $2,125,068.44.
  • The increase covers all gross monthly pay from December 2025 levels, including remunerative and non‑remunerative items plus conventional and non‑conventional allowances.
  • The minimum payment for the Day of the Bank Worker was fixed at $1,894,425.01 with future adjustments to track further updates.
  • The monthly indexation mechanism remains in force through February, with full paritaria talks scheduled to resume in the second half of March 2026.
  • The update was agreed with employer chambers ABAPPRA, ABA and ADEBA alongside the BCRA, as other unions such as oilseed, health, mining and commerce secured early‑2026 pay deals.