(14 January 2020) The European Commission today published its much anticipated assessment paper on “possible action handling the difficulties pertaining to reasonable minimum wages” but its key proposals turn out to be disappointing for trade unions.
The Commission notes that “collective bargaining is a vital section of the social market economy and a powerful foundation once and for all wage environment. ”
During the exact same time, it acknowledges that statutory minimum wages don’t allow for a good living, with several employees on insufficient wages. They cannot take advantage of efficiency gains in the economy nor share within the earnings of these businesses. The paper additionally understands that wage inequalities have become and that sets of workers have actually little if any bargaining power while not all EU governments respect collective bargaining. Continue reading “Commission disappoints along with its reasonable wage assessment paper”