In terms of minimum wage setting, 2022 will be remembered well as an outstanding year for two reasons. High inflation rates that had not been seen in decades triggered the need to substantially uprate gross wages nominally. But it was also the year in which the EU-level negotiators reached agree...
Statutory minimum wages are one tool for highly centralised wage setting, and in some countries – where wage bargaining is extremely decentralised or non-existent – they are the only tool. They determine the wages of the lowest-earning workers in the labour market, but they can also affect the p...
This report summarises how minimum wage rates for 2021 were set during 2020 – the year marked by the COVID-19 pandemic. It reviews the difficulties faced by national decision-makers and how they reacted to the challenges of the economic and social fall-out of the pandemic when making decisions r...
This report on minimum wages in 2020 is part of an annual series. Minimum wage policies and rate changes tend to be met with a high level of interest from all sides in the annual national discussions on this issue. Also the debate on a more coordinated or even common EU level minimum wage policy...
This report, as part of an annual series on minimum wages, summarises the key developments during 2019 and early 2020 around the EU initiative on fair wages and puts the national debates on setting the rates for 2020 and beyond in this context. The report features how minimum wages were set and ...
In most EU Member States, reviews of the statutory minimum wage rates spark a great deal of public interest. Such reviews affect the wider workforce, beyond those workers on the statutory minimum wage. Pay rates in collective agreements may be adapted in response to an increase in the minimum wa...