(Dublin, Ireland): Collectively agreed nominal pay is the same or lower in almost all of the countries surveyed in 2014 compared to 2013, according to new research from Eurofound. However, lower inflation during the same period resulted in increases in real collectively agreed pay, confirming the return of growth in real terms which had begun in 2013. Eurofound’s report Developments in collectively agreed pay 2014 provides insights into collective wage bargaining outcomes in Europe.
