Wage flexibility

Author (Corporate)
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Series Title
Series Details December 2008
Publication Date December 2008
Content Type

Increased competition has created pressure for flexibility or variation concerning wages. This can involve the localisation of basic pay-setting, which may or may not be governed by multi-employer bargaining arrangements, and the development of new variable payments systems (VPS) linked to measures of performance. This study from the European Industrial Relations Observatory (EIRO) reviews both sets of developments, focusing on two economic sectors – manufacturing and banking.

Source Link Link to Main Source http://www.eurofound.europa.eu/observatories/eurwork/comparative-information/wage-flexibility
Related Links
European Foundation for the Improvement of Living and Working Conditions: EIRO: Comparative Study, December 2008 http://www.eurofound.europa.eu/docs/eiro/tn0803019s/tn0803019s.pdf

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