Article ID Journal Published Year Pages File Type
982495 Procedia Economics and Finance 2015 14 Pages PDF
Abstract

The promoted wage policies at the national level influence the employment packages offered by public and private companies in that country. At this point, there are commitments and recommendations coming from Euro Plus Pact Commitments (2011) and European Commission- which protects the supranational interests of the European Union, on pay systems improvements that Member States of European Union should implement. This article's purpose is to offer a clear image of the wages and performances of the employees from European Union between 1998 and 2013 that conduct to these recommendations. In order to accomplish the main objective, there are analysed in the Member States statistics like: level of compensation per employee, average annual growth rate of pay, actual compensation per employee, real and nominal collectively agreed wages. In addition, there are explained some correlations between wages and labour productivity that are contingent on the period that is looked at.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics