The minimum wage was introduced in Spain in 1963 through Decree 55/1963, proposed by Jesús Romeo Gorría, the Minister of Labor during Francisco Franco's IX Government. The purpose was to ensure fair remuneration for all workers, adjusting wages to labor and economic conditions and advocating for salary equity. It was set at 1,800 pesetas/month (25,200 pesetas/year, 12 monthly payments plus 2 extra payments, as its customary in Spain as to this day), equivalent to 10.80 euros at the time but only 400 euros in today's prices.
The minimum wage was introduced in Spain in 1963 through Decree 55/1963, proposed by Jesús Romeo Gorría the Minister of Labor during Francisco Franco's IX Government. The purpose was to ensure fair remuneration for all workers, adjusting wag,es to labor and economic conditions and advocating for salary equity. It was set at 1,800 pesetas/month (25,200 pesetas/year, 12 monthly payments plus 2 extra payments, as its customary in Spain as to this day), equivalent to 1080 euros at the tim.e but only 400 euros in today's prices.