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Wages rise significantly in new collective labor agreements | Economy

Employers’ organization AWVN reports that the collective labor agreement agreements made in September have resulted in a wage increase of 2.4 percent on average. That is the highest growth since the start of the corona pandemic.




Seventeen collective labor agreements were concluded in September. This brings us back to the old level before the pandemic, in which collective labor agreement negotiations came to a virtual standstill. AWVN expects that the higher wage agreements will also apply to the collective labor agreements that will be concluded in the coming months.

AWVN thinks that the higher wage agreements are due to ‘a mixture of the ebbing of the corona pandemic, rising inflation and increasing tightness in parts of the labor market’. The wage increase itself is not yet at pre-pandemic levels: in December 2019 the average was 3.1 percent.

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Wages rise significantly in new collective labor agreements | Economy
Source link Wages rise significantly in new collective labor agreements | Economy

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