Wage moderation, pay freezes and sometimes pay cuts have been experienced in most EU member states in recent years, according to a report. The global crisis has hit vulnerable groups particularly hard.
The study, by a Dublin-based research group, examines the relationship between trends in earnings and working conditions in Europe since the crisis of 2008–2010.
The authors add that average wage trends can hide important employment effects: wages can be cut but when a significant number of low-paid jobs are lost the impression may be created that the average trend is one of growth.
Source: Sem Vandekerckhove, Jan Van Peteghem and Guy Van Gyes, Wages and Working Conditions in the Crisis, European Foundation for the Improvement of Living and Working Conditions
Link: Report