Europe Needs a Pay Rise

Posted on Posted in Effat
There is a virtuous circle in which pay rises allow workers to spend more money on goods and services, which is good for business and creates jobs.

  • It’s time for OUR recovery: profits and CEO pay have recovered from the crisis, but too many workers have NOT felt a recovery.
  • have paid the price for the crisis, now it is time for pay rises for all workers.
  • The best way to get a pay rise is by collective bargaining… through a trade union.

Collective bargaining needs to be strengthened, and more workers should be covered by a collective agreement.

Strong unions mean higher wages and better conditions for everyone. Workers covered by a collective agreement are better off than workers in companies NOT covered by a collective agreement. They are more likely to get a fairer share of the profits generated, earn more money, get a holiday bonus and take part in company training. Organizations covered by a collective agreement have a smaller gender pay gap.