Tuesday, September 08, 2009

[IWS] EIRO: PAY DEVELOPMENTS - 2008 [4 September 2009]

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 Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)
European Industrial Relations Observatory (EIRO)

Pay developments ­ 2008 [4 September 2009]
[full-text, 42 pages]

EIRO's annual analysis of pay trends finds that the average collectively agreed nominal wage increase across the EU fell from 7% in 2007 to 6.6% in 2008. Taking into account inflation, which rose strongly in 2008, the rate of real pay increase across the EU fell sharply, from 3.6% in 2007 to 1.3% in 2008. During the period under review, differences in terms of both pay trends and the level of pay increases persisted between the EU Member States that constituted the EU before the enlargement of 1 May 2004 and those that joined the EU in 2004 and 2007. The report also examines collectively agreed pay increases in three selected sectors (metalworking, banking and local government), current wage rates and minimum wage increases, increases in average earnings, as well as the extent of the gender pay gap across all countries.

Average collectively agreed pay increases
- Nominal pay increases
  - Trends in nominal increases 2000­2008
  - Average nominal increases 2004­2008
- Real pay increases
Collectively agreed pay increases by sector
- Sectoral overview
  - EU15 and Norway
  - New Member States
- Metalworking
- Banking
- Local government
Minimum wages
- Minimum wage rates
- Youth wage rates
Gender pay differentials
Average earnings

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                  

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