European sources -Pay increase not enough to maintain purchasing power -September 20, 2012

In its annual update on pay developments in Europe Eurofound signals a considerable decline in real pay rates across almost all countries and sectors in 2011. The changes in collectively agreed pay increases in real terms were considerably lower in 2011 compared to 2010, with most countries presenting negative figures. According to the report Norway experienced the highest nominal collectively agreed pay increase (4.3%), followed by Slovakia (3.7%) and the Czech Republic (2.9%). Though the agreed increases in Austria, the Netherlands, Norway, Slovakia and Spain were higher in 2011 than in 2010, workers in Belgium, Germany and the UK did not see any considerable change year on year. The report also focuses on collectively agreed pay increases in three sectors, manufacturing (chemicals), services (retail) and the public sector (civil service), respectively. Finally it is noted that there were changes to the levels of statutory minimum wage in 15 of the 20 countries with such provision.

English: http://www.eurofound.europa.eu/press/releases/2012/120919.htm ...

Focus on the Pay developments 2011 report: http://www.eurofound.europa.eu/docs/eiro ...

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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