Impact of the COVID-19 crisis on wages and wage setting
Molina Romo, Óscar 1962-

Date: 2021
Abstract: The COVID-19 crisis had a significant impact on wages and wage setting across Europe in 2020. The uncertain economic scenario, together with the difficulties inherent in online bargaining, led to a general postponement of collective agreements to 2021, especially at company level. Real wages maintained a positive trend during 2020 in most EU countries, with just modest increases, while higher increases were observed in the public sector. Wage support mechanisms introduced by governments also contributed to supporting wages in the private sector for workers whose hours have been reduced or who have been temporarily laid off. The crisis seems to have particularly affected low-wage workers, occupations, and sectors. It is likely that wage support mechanisms and minimum wages have played a key role in reducing the impact of the COVID-19 crisis on growing earning inequalities.
Note: This article is one of a series that explores working life issues in the 27 EU Member States, Norway and the UK during the COVID-19 pandemic. It is based on information provided by the Network of Eurofound Correspondents and published as a set of individual country reports in 'Working life in the COVID-19 pandemic 2020'.
Rights: Aquest material està protegit per drets d'autor i/o drets afins. Podeu utilitzar aquest material en funció del que permet la legislació de drets d'autor i drets afins d'aplicació al vostre cas. Per a d'altres usos heu d'obtenir permís del(s) titular(s) de drets.
Language: Anglès
Document: Article ; divulgació ; Versió publicada
Subject: Agreements ; Collective bargaining ; COVID-19 ; Industrial relations and social dialogue ; Minimum wage ; Pay and income
Published in: Industrial relations and social dialogue, 6 May 2021

Adreça alternativa: https://www.eurofound.europa.eu/publications/article/2021/impact-of-the-covid-19-crisis-on-wages-and-wage-setting


11 p, 420.9 KB

The record appears in these collections:
Research literature > UAB research groups literature > Research Centres and Groups (research output) > Social and Legal Sciences > Centre d’Estudis Sociològics sobre la Vida Quotidiana i el Treball (QUIT)
Articles > Published articles
Articles > Dissemination

 Record created 2021-05-12, last modified 2024-11-17



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