A committee of trade union and employer representatives together with a few academics has elaborated a new calculation for the annual wage indexation. The updated calculation, based on the price development of a series of services and goods (called the ‘index-basket’), includes a modernised mixture of goods. After some fine-tuning that led to a short postponement the indexation will be applied retroactive from 1 January 2014. The next annual revision is planned for December 2014.
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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.