Wage increment slow downs in Netherlands

29th May 2009, Comments 0 comments

Pay rise slows down and is expected to go even lower in the coming months, says trade union.

The Netherlands – Wage increment in the Netherlands has slowed down slightly compared to 2008.

Wages have risen by an average of 2.36 percent in the latest pay and conditions agreements, said the FNV trade union federation. In contrast, those brokered in November showed wages rise by over three percent.

The moderate wage claims follow the 'social accord' reached between unions, employers and the government in the face of the economic crisis.

So far, 112 new pay and conditions deals out of 500 sectors have been renegotiated this year.

The FNV thinks wage settlements will go even lower. Over the last few months, there have been deals which see wages rise of between just one and one and a half percent.

Radio Netherlands / Expatica

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