Seven years ago, Slovaks enjoyed the second highest net salaries in the private sector among the citizens of the Visegrad Group. Now, they are the end. Between 2016 and 2023 the salaries only grew at half the rate compared to surrounding countries; while in Slovakia it was 40%, in Hungary it was 90% and in Poland 89%. Slovakia more or less stopped approaching the EU average more than decade ago; not because its economy is not growing, but because other countries are growing faster. Since 2016, the salaries in Slovakia's private sector have only covered inflation, while in the salaries in neighbouring countries outpaced the price growth, with Poland benefiting the most in this regard.
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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.