EU sources -Pay increase not enough to maintain purchasing power -December 04, 2013

The European Restructuring Monitor 2013 annual report Monitoring and managing restructuring in the 21st century presents a retrospective of over a decade of measuring the impact of large-scale restructuring activity in Europe based on a database containing details of over 16,000 large-scale restructuring events and selected types of national statutory regulations related to restructuring, with a current focus on individual and collective labour law. As of August 2013, 350 regulations are described in the ERM database. Collective agreements, soft law or company practices are not included. However, there is some reference to concession bargaining. One of the main fears of workers and trade unions is that offshoring will have a downward pressure on wages, as employers take advantage of opportunities to reduce labour costs by locating production in lower-cost economies, and/or using these lower-cost economies as a benchmark for labour cost calculations. Certainly in the late 1990s and early 2000s trade unions in countries such as Germany strove to ensure that major companies made a commitment to their manufacturing locations.

English: http://www.eurofound.europa.eu/pubdocs/2013/80/en/1/EF1380EN.pdf

 

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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