ETUC pay campaign highlights fall in wages

In the latest stage in its Pay Rise campaign the ETUC has published a briefing that reveals the long-term decline in wages as a share of economic output. In 1976 almost 73% of national wealth was paid in wages to working people. Today the figures is nearly 10 percentage points less – with wages making up about 63% of national wealth. The ETUC argues that increases in productivity have not been equitably shared, resulting in the growing proportion of economic output going to profits. The briefing also includes charts showing that these increased profits are flowing to shareholders while

The FP-CISL public services federation has highlighted recent data from the ISTAT statistics agency showing that public sector pay fell by 1.9% in real terms last year, the biggest drop since 1995. The government has frozen public sector pay for 2012 and 2013 but FP-CISL is calling for pay negotiations and argues that it is possible to fund pay rises through reorganisation and restructuring of public services. [Read more at > FP-CISL (IT)->http://www.fp.cisl.it/index.php?option=com_content&view=article&id=2691:dati-istat-i-salari-pubblici-perdono-potere-dacquisto-faverin-pronti-a-dare

(June 2017) Public sector workers get a 6% pay rise this year and the same again next year, if the current economic climate is maintained. This agreement was promoted by the KOZ confederation and picked up by the ETUC Pay Rise campaign which also reported on the push for a higher minimum wage in the country.