(March 2017) The annual benchmarking report from the European Trade Union Institute provides an overview of latest developments in wages and collective bargaining. It notes a trend towards higher real wages, particularly in central and Eastern Europe, mainly as a result of low inflation. There has also been growth in minimum wages but most are still at a very low level. It also found that the decline in collective bargaining coverage continued and was very pronounced in southern and eastern European countries.
Benchmarking survey covers wage and bargaining trends
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Benchmarking study covers collective bargaining and wage developments
The annual Benchmarking Working Europe study from the European Trade Union Institute includes a section providing the latest data on wage developments, collective bargaining, minimum wage and union density. The study notes that more positive statements about wages are coming from the European institutions with issues of fairness also raised in the European PIllar of Social Rights. However, these were not yet reflected in the Country Specific Recommendations issued last year where the focus was still on decentralisation of collective bargaining and moderation in minimum wage increases. The
Upward trend in minimum wages
(February 2017) The Eurofound research agency has published a new analysis of minimum wage rates across the EU noting the increase in rates, particularly across Eastern Europe. The article confirms, however, that there is still a wide range of rates across the continent, ranging from EUR 1999 in Luxembourg to EUR 238 in Bulgaria. Of the 22 EU countries with statutory minimum wages all have seen an increase in real terms since 2010 with the exception of Greece where the Troika pressured a previous government to cut the rate substantially.
Report tracks latest minimum wage trends
A review of minimum wage developments by the Eurofound research agency found that rates were raised cautiously in most Member States from 2020 to 2021, with a median increase of 3%. Some Member States stuck to previously announced commitments (Bulgaria, Croatia, Latvia, Portugal and Slovenia) while only a few decided to freeze the minimum wage into 2021, including Belgium, Estonia, Greece and Spain, as well as Cyprus for the occupational rates. There were few crisis-related adaptations of minimum wage regulations, confined to the postponement of procedures (Greece and Poland), the renunciation