Real wage growth looks set to be flat for most sectors as companies continue to align their wage projections with those for inflation. Companies are hardly inclined to make concessions in the run-up to next year’s wage negotiations. The 4,500 or so companies that took part in the quarterly survey conducted by the Centre for Economic Research (KOF) are expecting average pay rises of 1.6%, which is right in line with their inflation expectations for the next 12 months. The KOF reiterates its forecast of 1.0% inflation over the next year, which would leave employees with a 0.6% pay rise. With a chronic shortage of staff, the hotel and catering sector is expected to lead the way in terms of pay rises, with average expectations of around 2.7%. Knowledge-intensive services such as information and communication (1.8%) should also be among the most generous to their employees.
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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.