EU Sources - Dividend payouts rise much stronger than wage increases - September 30, 2023

According to the European Trade Union Confederation (ETUC), payouts to shareholders are rising up to 13 times faster than pay for working people. Across Europe, dividends increased by 10% – double the rate at which wages are rising. The ETUC calls on the European Commission to restore balance between boardrooms and workers by ensuring only companies which respect the right to collective bargaining can receive public money and prevent companies receiving public money from paying extraordinary dividends and ensure they pay decent wages and reinvest it in the public interest.

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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.