• Property for Sale
  • To Rent
  • Holidays
  • Directory
  • Articles
  • Jobs
    • € EUR
    • Professionals/Advertiser Login
    • Advertise your Property on thinkSPAIN
    • Sell your property with an estate agent
    • Add your Business to the Directory
    • Advertising with thinkSPAIN
    • List a job vacancy on thinkSPAIN
    • By Signing up you are agreeing with our Terms and Privacy Policy.

      Looking for the Professionals/Advertiser Login?
      or

      Don't have an account?  

      • Follow us:

By Signing up you are agreeing with our Terms and Privacy Policy.

Looking for the Professionals/Advertiser Login?
or

Don't have an account?  

Sign up

By Signing up you are agreeing with our Terms and Privacy Policy.
or

Already have a thinkSPAIN account?

Sign in/Register

By Signing up you are agreeing with our Terms and Privacy Policy.
or

Don't have an account?

Forgot your password?

thinkSPAIN Logo

Over half of self-employed workers have been in business for five years or more, but nine in 10 are on lowest income bracket

 

Over half of self-employed workers have been in business for five years or more, but nine in 10 are on lowest income bracket

thinkSPAIN Team 27/02/2017

Over half of self-employed workers have been in business for five years or more, but nine in 10 are on lowest income bracket
TWO-THIRDS of self-employed workers have been in their current professional situation for at least three years, and just over half – 55.2% - have been trading for five years or more, according to a report by the Federation of Associations of Autonomous [self-employed] Workers (ATA).

A total of just under 3.2 million of Spain's workforce are self-employed, of whom over 1.97 million – nearly 62% - are sole traders, whilst the remaining 1.22 million are registered as either limited or public-limited companies.

The report shows that 86% of sole traders do not earn more than the bottom band for paying Social Security, or 'national insurance' – a total flat fee of €267.03 irrespective of earnings aimed at those with a gross monthly income of a maximum of €893 a month.

Only 0.8% of self-employed non-company workers earn more than three times the lowest-band maximum, or a gross monthly income exceeding €2,679.

One in five sole traders emply at least one other person, or 21.6% of the total, a growth of 0.7% of the total on 2015, with the overall figure of one-man bands becoming employers increasing by 4% in the last year.

Over the course of 2016, Spain's self-employed – sole traders and companies – created an net average of 193 jobs a day, or 45,011 throughout the year, in addition to the 25,479 who started working for sole traders or small companies on a self-employed basis themselves, giving a total of 70,490.

This does not take into account indirect employment created through the services provided by 'autonomous' workers and the money they spend on supplies or non-work-related expenses.

The number of women who are self-employed has gone up, now reaching just over a third of the total – of all Spain's 'autonomous' workers, just under 35% are female and 65% are male.

Women aged under 35 are entitled to a 30% discount on their monthly Social Security payments, as are men under 30.

But the majority of the self-employed do not qualify for this helpful benefit, since almost 46% of them are aged between 40 and 54.

The under-25s only represent 1.9% of self-employed workers in Spain.

Almost one in four 'autonomous' workers are in some kind of commercial profession – 23.8%, to be precise – whilst 11.9% are in agriculture, 10.6% in the building trade or similar activities, and 9.2% in catering.

 

 

Related Topics

  • Education/Work

Advertisement

Advertisement

More News & Information

Foreign incomers push population above 48 million for first time ever
Society 22/02/2024
Foreign incomers push population above 48 million for first time ever

SPAIN'S headcount has risen to its highest figure in history – for the first time ever, the population has broken the 48 million barrier.

View
Primark seeks 200 employees for new store in Madrid
Health & Beauty 28/01/2024
Primark seeks 200 employees for new store in Madrid

BUDGET clothing store Primark has announced plans to open another branch in Madrid next month – the chain's 61st retail outlet in Spain.

View
Minimum wage 'could rise soon': How much do Spain's workers really earn?
Education/Work 30/11/2023
Minimum wage 'could rise soon': How much do Spain's workers really earn?

JUST two weeks after socialist president Pedro Sánchez was sworn in for a fresh term, his deputy Yolanda Díaz has expressed a desire to increase the minimum wage in Spain.

View
Spain tackles GP crisis: Doctors get double pay for not retiring
Society 05/07/2023
Spain tackles GP crisis: Doctors get double pay for not retiring

PRIMARY care doctors have been given the option to claim 75% of their State pension along with 100% of their salary to continue working beyond retirement age in a bid to address the shortage in Spain's health...

View

Advertisement

  1. Spain
  2. Over half of self-employed workers have been in business for five years or more, but nine in 10 are on lowest income bracket