{"id":3725,"date":"2022-02-03T07:47:00","date_gmt":"2022-02-03T10:47:00","guid":{"rendered":"https:\/\/vantaz.com\/?p=3725"},"modified":"2024-04-08T22:31:52","modified_gmt":"2024-04-09T02:31:52","slug":"negociaciones-colectivas-en-la-mineria-un-barometro-del-pais","status":"publish","type":"post","link":"https:\/\/vantaz.com\/en\/2022\/02\/03\/negociaciones-colectivas-en-la-mineria-un-barometro-del-pais\/","title":{"rendered":"Collective bargaining in mining: a barometer for the country"},"content":{"rendered":"<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"722\" height=\"464\" src=\"http:\/\/vantaz.com\/wp-content\/uploads\/2024\/03\/Negociaciones-colectivas-en-la-mineria-barometro-del-pais-2.png\" alt=\"\" class=\"wp-image-3728\" style=\"aspect-ratio:16\/9;object-fit:cover\" srcset=\"https:\/\/vantaz.com\/wp-content\/uploads\/2024\/03\/Negociaciones-colectivas-en-la-mineria-barometro-del-pais-2.png 722w, https:\/\/vantaz.com\/wp-content\/uploads\/2024\/03\/Negociaciones-colectivas-en-la-mineria-barometro-del-pais-2-300x193.png 300w\" sizes=\"(max-width: 722px) 100vw, 722px\" \/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Collective bargaining in mining: a barometer of the country:<\/strong><\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Beyond their intrinsic importance, in terms of agreeing on working conditions, bonuses, salary adjustments and benefits for those involved, collective bargaining in mining has a national importance: they have an eventual effect on the price of copper in the international market and are followed by all related sectors, from retail trade to large construction companies. The expectation that these processes arouse at local and global level in the media is an indication of the great relevance of these processes.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>This importance is evident when analyzing the results of collective bargaining from a historical perspective, showing a direct correlation between the price cycle of the red metal and the political, economic and social situation of the country.<br><br>In 2011, when the \"peak\" of the commodity super cycle was being experienced, high amounts of bonuses per term of negotiation (BTN) were observed, while in 2016, with the sharp drop in the price of copper, BTNs suffered a significant downward adjustment. As shown in the third study of Collective Bargaining, prepared by Vantaz Group, in 2021, the recovery of the economy and the higher copper price resulted in a rise in BTNs of 18% compared to the average observed in 2020.<br><br>Strikes, on the other hand, were also higher than the previous year, with 5 cases of strike, where the Caserones Union (Lumina Copper) stands out, where after 26 days of strike, an amount for BTN of $19 million was reached, in addition to bene\ufb01ts and a salary readjustment of 2.5% for its workers.<br><br>Strikes are feared for several reasons, clearly the most important being the stoppage of activity and its impact on production, but also because of the negative impact on relations between companies, workers and the mining ecosystem.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Traditionally, the vast majority of collective bargaining is regulated, i.e., according to calendar. However, 2020 was the exception, with a higher participation of early negotiations, given the context of the pandemic. In 2021, with a more controlled pandemic situation, the trend where regulated negotiations are the common factor was observed again.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>What will challenging 2022 look like?<\/strong><\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>We believe that the trend towards regulated negotiations will continue, in a favorable scenario of copper prices, and in a local context of rising costs due to inflation. We believe that the current year will be complex from a political and social perspective.<br><br>In conjunctural terms, although the composition of the government and its cabinet is already known, there is uncertainty regarding the evolution of other issues that are critical for mining.<br><br>However, it is to be hoped that the negotiations will seek mutual bene\ufb01t from both parties, with a long-term view, beyond the contingencies of the moment.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center\">To see more<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/vantaz.com\/wp-content\/uploads\/2022\/02\/columnaVantazfeb.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download PDF<\/a><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Negociaciones colectivas en la miner\u00eda: un bar\u00f3metro del pa\u00eds: M\u00e1s all\u00e1 de su importancia intr\u00ednseca, en t\u00e9rminos de acordar condiciones laborales, bonos, ajustes salariales y beneficios para los involucrados, las negociaciones colectivas en la miner\u00eda tienen una importancia pa\u00eds: tienen un eventual efecto en la cotizaci\u00f3n del cobre en el mercado internacional y son seguidas [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - 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