Pay in Europe in the 21st century


This report provides comparative time series on wage bargaining outcomes across the EU Member States and Norway, discussing pay developments against the background of different wage bargaining regimes and looks into the link between pay and productivity developments. It also investigates the different systems and levels of minimum wages in Europe at present, carrying out an accounting exercise through a hypothetical scenario of a minimum wage set at 60% of the median national wage (with some alternative scenarios as well for comparison) in order to benchmark and evaluate minimum wage levels and systems in Europe, and to discuss the possibilities and difficulties of coordination in this matter.

author(s): European Foundation for the Improvement of Living and Working Conditions - C. Aumayr Pintar; J.Cabrita; E. Fernández Macías; C. Vacas Soriano
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