Pay in Europe in the 21st century

Report
Publié
13 Avril 2014
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Executive summary in 25 languages
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Résumé

The issue of wages has attracted particular attention at European level since the onset of the economic crisis. Changes in economic governance, notably within the European semester, have prompted discussions on wage‑setting mechanisms. While, overall, wage‑bargaining regimesRead more
The issue of wages has attracted particular attention at European level since the onset of the economic crisis. Changes in economic governance, notably within the European semester, have prompted discussions on wage‑setting mechanisms. While, overall, wage‑bargaining regimes have remained relatively stable over time in many countries, the most substantial changes were seen in Member States facing more difficult economic circumstances. This report provides comparative time series on wage‑bargaining outcomes across the EU Member States and Norway, discussing pay developments against the background of different wage‑bargaining regimes and looks into the link between pay and productivity developments. It also investigates the different systems and levels of minimum wages in Europe at present, carrying out an accounting exercise through a hypothetical scenario of a minimum wage set at 60% of the median national wage (with some alternative scenarios as well for comparison) in order to benchmark and evaluate minimum wage levels and systems in Europe, and to discuss the possibilities and difficulties of coordination in this matter.
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Formats

  • Rapport

    Nombre de pages: 
    188
    Nº de référence: 
    ef1388
    ISBN: 
    978-92-897-1137-1
    Nº de catalogue: 
    TJ-01-13-769-EN-C
    DOI: 
    10.2806/49345
    Catalogue info

    Pay in Europe in the 21st century

    The issue of wages has attracted particular attention at European level since the onset of the economic crisis. Changes in economic governance, notably within the European semester, have prompted discussions on wage‑setting mechanisms. While, overall, wage‑bargaining regimes have remained relatively stable over time in many countries, the most substantial changes were seen in Member States facing more difficult economic circumstances. This report provides comparative time series on wage‑bargaining outcomes across the EU Member States and Norway, discussing pay developments against the background of different wage‑bargaining regimes and looks into the link between pay and productivity developments. It also investigates the different systems and levels of minimum wages in Europe at present, carrying out an accounting exercise through a hypothetical scenario of a minimum wage set at 60% of the median national wage (with some alternative scenarios as well for comparison) in order to benchmark and evaluate minimum wage levels and systems in Europe, and to discuss the possibilities and difficulties of coordination in this matter.

    Formats

  • Executive summary

    Number of pages: 
    2
    Nº de référence: 
    ef13881
    Catalogue info

    Rémunérations en Europe au XXIe siècle

    Auteur(s): 
    Eurofound
    La question des rémunérations jouit d’une attention particulière au plan européen depuis le déclenchement de la crise économique et les discussions sur les mécanismes de fixation des salaires reviennent sur le devant de la scène. Les régimes de négociations salariales sont en général restés relativement stables; les modifications les plus importantes ont eu lieu dans les États membres les plus touchés par la crise économique. Ce rapport fournit des données chronologiques comparatives sur les résultats des négociations salariales au sein des États membres de l’Union et en Norvège. Il présente et commente les évolutions salariales dans le contexte des différents régimes de négociations salariales et étudie le lien entre l’évolution salariale et celle de la productivité (au niveau des coûts salariaux unitaires nominaux et réels). Il examine également les incidences potentielles d’une politique européenne commune relative au salaire minimum et estime le nombre et les types de travailleurs potentiellement concernés dans les différents pays.


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