According to the collective agreements available so far, collectively agreed wages will increase nominally by 5.6% in 2023. This is one of the jey results of the half-yearly collective bargaining analysis done by the Collective Agreement Archive of the Institute of Economic and Social Research (WSI) of the Hans Böckler Foundation. Given the continued very high price increases in the first half of 2023, this results in an average decline of real wages of 1.7%. However, the effect of the tax-free one-off inflation compensation premiums cannot be fully taken into account in this calculation because this varies depending on the individual tax rate. For some employees, the real wage loss is therefore likely to be significantly smaller. In general, a more positive trend in real collective wage developments is foreseeable for the rest of the year because inflation is expected to fall noticeably.
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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.