Pay in Europe in the 21st century

Report
Uppdaterad
13 april 2014
Publicerad
13 april 2014
Format
  • Download full reportPDF

Sammanfattning

 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

    Löner i Europa på 2000-talet

    Authors: 
    Eurofound
    Frågan om löner har fått särskild uppmärksamhet på europeisk nivå sedan den ekonomiska krisens början, och mekanismerna för lönesättning har kommit i förgrunden för denna diskussion. Löneförhandlingssystemen har på det hela taget förblivit relativt stabila. De största förändringarna har skett i de länder som påverkats mest av den ekonomiska nedgången. I den här rapporten ges jämförande tidserier för resultaten av löneförhandlingar i EU-medlemsstaterna och Norge. Rapporten presenterar och diskuterar löneutvecklingen mot bakgrund av olika löneförhandlingssystem. Vidare granskas kopplingen mellan löneutveckling och produktivitetsutveckling (med avseende på nominella och reella enhetsarbetskostnader). Dessutom undersöks de potentiella effekterna av en hypotetisk gemensam europeisk politik för minimilöner, och görs en beräkning av hur många och vilken typ av arbetstagare som skulle kunna påverkas i de olika länderna.



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