[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page:work\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2024\u002Feu-sources-real-term-value-of-negotiated-wages-eroded-october-31-2024":3},{"id":4,"slug":5,"title":6,"short_title":7,"intro_text":7,"meta_description":8,"seo_title":8,"path":9,"content_type":10,"locale":11,"go_live_at":7,"first_published_at":12,"page_created_at":13,"published_at":12,"edit_url":14,"breadcrumbs":15,"seo":28,"body_blocks":36,"call_to_action":42,"categories":49,"labels":50,"owner":7,"authors":51,"related_pages":52,"related_sites":53,"in_subsite":54,"contact_page_url":55,"banner_message":56},16720,"eu-sources-real-term-value-of-negotiated-wages-eroded-october-31-2024","EU Sources - Real-term value of negotiated wages eroded - October 31, 2024",null,"","\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2024\u002Feu-sources-real-term-value-of-negotiated-wages-eroded-october-31-2024","pages.newspage","en","2024-11-18T19:39:29.377000+00:00","2025-12-15T15:40:43.354586+00:00","\u002Fcms\u002Fpages\u002F16720\u002Fedit\u002F",[16,19,22,25,27],{"title":17,"slug":18},"World of Work","work",{"title":20,"slug":21},"Collective Bargaining Agreement","collective-bargaining-agreement",{"title":23,"slug":24},"Collective Bargaining Updates","updates",{"title":26,"slug":26},"2024",{"title":6,"slug":5},{"title":6,"description":8,"image":29,"canonical":30,"robots":31,"og_type":32,"twitter_card":33,"locale":11,"created_at":34,"last_modified_at":35},"https:\u002F\u002Fwageindicator.org\u002Fmedia\u002Fimages\u002FSocial_media_preview_image_-_2025.2e16d0ba.fill-1200x630.png","https:\u002F\u002Fwageindicator.org\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2024\u002Feu-sources-real-term-value-of-negotiated-wages-eroded-october-31-2024\u002F","index, follow","website","summary_large_image","2024-11-18T20:39:29.377000+01:00","2025-12-27T10:11:05.434487+01:00",[37],{"type":38,"data":39},"raw_html_block",{"content":40,"variant":41},"\u003Cp>\u003C\u002Fp>\n\u003Cp>Eurofound has published an article providing an overview of developments in collectively agreed wages between 2009 and 2023. National statistics on developments in collectively agreed pay are available for only 12 EU Member States. According to this data, after some years of decline during the financial and economic crisis, negotiated wages grew substantially in real terms from the 2010s until 2020. However, the high inflation that prevailed from 2021 had eroded all these gains in the median country by 2023. Developments in actual wages (‘employee compensation’, which includes wages and salaries in kind as well as employers’ social security contributions) in real terms, on the other hand, were more favourable, both in the 12 Member States that had data on negotiated wages and in the euro zone.\u003C\u002Fp>\n\u003Cp>Read on: \u003Ca contenteditable=\"false\" href=\"https:\u002F\u002Fcrm.etui.org\u002Fcivicrm\u002Fmailing\u002Furl?u=83696&qid=3706688\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\u002F\u002Fcrm.etui.org\u002Fcivicrm\u002Fmailing\u002Furl?u=83696&qid=3706688\">in English…\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) \u003Ca href=\"mailto:p.t.debeer@uva.nl\">p.t.debeer@uva.nl\u003C\u002Fa> or the Head of communications at the ETUI, Mehmet Koksal \u003Ca href=\"mailto:mkoksal@etui.org\">mkoksal@etui.org\u003C\u002Fa>. For previous full issues of the Collective bargaining newsletter please visit \u003Ca href=\"https:\u002F\u002Fwww.etui.org\u002FNewsletters\u002FCollective-bargaining-newsletter\">https:\u002F\u002Fwww.etui.org\u002FNewsletters\u002FCollective-bargaining-newsletter\u003C\u002Fa> or consult the archive with all articles in our database at \u003Ca href=\"http:\u002F\u002Fwww.cbnarchive.eu\u002F\">www.cbnarchive.eu\u003C\u002Fa>.\u003Cbr\u002F>You may find further information on the ETUI at \u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">www.etui.org.\u003C\u002Fa>\u003C\u002Fp>","light",{"text":43,"link":44},"Contact us",{"title":43,"url":45,"description":43,"rel":46,"type":47,"id":48},"\u002Fabout\u002Fcontact","follow","internal",24590,[],[],[],[],[],false,"\u002Fwork\u002Fliving-wages\u002Fcontact-us","\u003Cp>Welcome to WageIndicator. Same organisation, same information, new look!\u003C\u002Fp>"]