SMI
sustantivo masculino
1. | (abreviación de Sistema Monetario Internacional ) IMS |
2. | (abreviación de Salario Mínimo Interprofesional ) minimum wage |
SMI |
In Spain the government sets a monthly minimum wage to which all workers are entitled. In 2004 this was set at 450 Euros per month. This rate does not apply to those sectors of the economy which have separate agreements between unions and employers, and where the minimum wage tends to be somewhat higher. |