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[IWS] EIRO: DEVELOPMENTS IN COLLECTIVELY AGREED PAY 2012 [10 July 2013]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
[Please note that for the next few weeks, postings will include key material that was released since early May 2013 until late August 2013. This is the time period that the IWS Documented News Service is not operational. Otherwise new material will be posted as usual].
European Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)
European Industrial Relations Observatory (EIRO)
DEVELOPMENTS IN COLLECTIVELY AGREED PAY 2012 [10 July 2013]
[full-text, 75 pages]
EIRO’s annual analysis of collectively agreed pay for 2012 finds that although average nominal agreed increases were slightly greater than in 2011 in many countries, the rise in prices diminished people’s purchasing power. In real terms, only a handful of countries had positive collective pay increases on average – and, if so, then very modest. In 2012, these were Sweden (+1.7%), Austria (+0.8%), Germany (+0.6%), France (+0.4%) and Belgium (+0.4%, already including indexation). In the case of Austria, this was a return to positive figures after two years of real decline on average. In countries where some form of pay indexation mechanisms are in place, the increases set via these mechanisms did – by and large (with the exception of Italy) – compensate for the rise in prices in 2012, while they had failed to do so in 2011. The report also examines collectively agreed pay increases in three selected sectors (metal, banking and local government) and developments in statutory minimum wages.
The annual update was compiled on the basis of individual national reports submitted by the EIRO correspondents. The text of each of these national reports is available below. The national reports have not been subject to Eurofound's standard editorial process. The national reports were drawn up in response to a questionnaire and should be read in conjunction with it.
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