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Tag / wage setting

Wage setting mechanisms and minimum wages under the spotlight in Europe

Wage setting mechanisms and minimum wages under the spotlight in Europe

Press Releases   •   Mar 06, 2014 15:00 GMT

The 'Pay in Europe in the 21st century' report provides comparative time series on wage-bargaining outcomes across the EU Member States and Norway. It also investigates the different systems and levels of minimum wages in Europe at present, evaluating the implications of a hypothetical scenario of a minimum wage set at 60% of the median national wage.

Understanding Europe’s wage-setting mechanisms

Understanding Europe’s wage-setting mechanisms

News   •   Jan 20, 2014 14:05 GMT

While arrangements for wage setting remain the competence of the social partners in line with national industrial relations practices, increasingly they are becoming part of a coordinated approach to macroeconomic policies in the Economic and Monetary Union (EMU). Eurofound publishes a unique database on collective wage bargaining levels and outcomes in all EU Member States over the past decade.