The WSI trade union-linked research organisation has published its half-year analysis of pay settlements and noted that the average increase of 3.2% is slightly up on last year's 3.0%. With inflation averaging 1.6% this means average real wage increases of 1.6%. WSI says this confirms an upward trend in pay and notes that in the first half of this year some of the large agreements have registered the highest increases, including engineering (4.1%), iron and steel (3.9%) and regional government (3.6%).
Pay deals maintain higher trend
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The trade union-linked research organisation WSI reports that negotiated pay increases across the economy reached 3.1% in the first half of the year, up on the 2.4% recorded in the comparable periods in the last two years. With inflation at 1.7% this means a real increase of 1.4%. The highest increases came in construction (5.2%), metal (4.0%) and the public sector (3.75%), with the last including 4% increases for new starters, lower paid and some specific occupations.
(April 2017) All public service workers on less than €65000 a year benefit from higher pay scales as of 1 April. The €1000 increase has been brought forward and has been implemented as part of the restoration of pay cuts that were implemented from 2009. Next month a public service pay commission is due to report and then pay negotiations will begin which will include further steps to restore the pay cuts.
(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.