Friday, July 14, 2006
[IWS] EIRO: PAY DEVELOPMENTS 2005 (Comparative Study) [10 July 2006]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
European Industrial Relations Observatory (EIRO) Online
COMPARATIVE STUDY & ANNUAL REVIEW
Pay Developments - 2005
http://www.eiro.eurofound.eu.int/2006/06/update/tn0606101u.html
This review of trends in pay in 2004 and 2005 finds that average collectively agreed nominal wage increases across the EU rose from 4.1% in 2004 to 4.5% in 2005 (though with major variations between countries), reversing a previous steady downward trend. Taking into account inflation, the rate of real increase rose more sharply, from 1.1% in 2004 to 1.9% in 2005. In the EU 15, the average agreed nominal wage increase remained unchanged in 2005 at 3.0% and the rate of real increase fell from 1.0% in 2004 to 0.7% in 2005. However, in the 10 new Member States that joined in 2004, the average nominal increase rose from 5.6% in 2004 to 6.7% in 2005, and the rate of real increase climbed from 1.4% to 3.6%. The overall picture is thus of rather differing overall pay trends in the old and new EU. This review also looks at collectively agreed pay increases in six selected sectors (metalworking, chemicals, banking, retail, local government and the civil service), increases in average earnings (and current levels), increases in minimum wages (plus current rates), the gender pay gap and labour costs.
Includes numerous TABLES...
Contents include--
Average collectively agreed pay increases
- Nominal pay increases
- Real pay increases
Collectively agreed pay increases by sector
- Overview
- Metalworking
- Chemicals
- Banking
- Retail
- Local government
- Civil service
Minimum wages
- Youth rates
Gender pay differentials
Average earnings
Labour costs
Appendices
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
European Industrial Relations Observatory (EIRO) Online
COMPARATIVE STUDY & ANNUAL REVIEW
Pay Developments - 2005
http://www.eiro.eurofound.eu.int/2006/06/update/tn0606101u.html
This review of trends in pay in 2004 and 2005 finds that average collectively agreed nominal wage increases across the EU rose from 4.1% in 2004 to 4.5% in 2005 (though with major variations between countries), reversing a previous steady downward trend. Taking into account inflation, the rate of real increase rose more sharply, from 1.1% in 2004 to 1.9% in 2005. In the EU 15, the average agreed nominal wage increase remained unchanged in 2005 at 3.0% and the rate of real increase fell from 1.0% in 2004 to 0.7% in 2005. However, in the 10 new Member States that joined in 2004, the average nominal increase rose from 5.6% in 2004 to 6.7% in 2005, and the rate of real increase climbed from 1.4% to 3.6%. The overall picture is thus of rather differing overall pay trends in the old and new EU. This review also looks at collectively agreed pay increases in six selected sectors (metalworking, chemicals, banking, retail, local government and the civil service), increases in average earnings (and current levels), increases in minimum wages (plus current rates), the gender pay gap and labour costs.
Includes numerous TABLES...
Contents include--
Average collectively agreed pay increases
- Nominal pay increases
- Real pay increases
Collectively agreed pay increases by sector
- Overview
- Metalworking
- Chemicals
- Banking
- Retail
- Local government
- Civil service
Minimum wages
- Youth rates
Gender pay differentials
Average earnings
Labour costs
Appendices
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 11:54 AM
