Pay in Europe in the 21st century

Report
Actualizat
13 Aprilie 2014
Publicat
13 Aprilie 2014
Formate
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Sumar

 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. An executive summary is also available - see Related content.

 

  • Full report

    Number of Pages: 
    188
    Reference No: 
    ef1388
    ISBN: 
    978-92-897-1137-1
    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.

  • Executive summary

    Number of pages: 
    2
    Reference No: 
    ef13881
    Catalogue info

    Remunerația în Europa în secolul al XXI-lea

    Authors: 
    Eurofound
    De la instalarea crizei economice, chestiunea salariilor a atras o atenție deosebită la nivel european, multe dintre discuții purtându-se pe marginea mecanismelor de stabilire a salariilor. Regimurile de negociere a salariilor s-au menținut, în general, relativ stabile, însă cele mai substanțiale modificări s-au înregistrat în acele state membre care au fost cel mai grav afectate de declinul economic. Prezentul raport furnizează serii de timp comparative referitoare la rezultatele negocierilor salariale în statele membre ale UE și în Norvegia. Raportul prezintă și analizează evoluția remunerației pe fondul diferitelor regimuri de negociere a salariilor și examinează legătura dintre evoluția remunerației și evoluția productivității (din punctul de vedere al costurilor unitare reale și nominale ale muncii). De asemenea, raportul examinează posibilele implicații ale unei ipotetice politici europene comune privind salariul minim și estimează numărul și tipul lucrătorilor potențial afectați în diferite țări.



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