Main Dutch trade union calls for automatic wage indexation - Companies

Main Dutch trade union calls for automatic wage indexation – Companies

(Belga) The largest trade union in the Netherlands, the FNV, wants wages to increase automatically in the country according to inflation, similar to what exists in Belgium.

The FNV put this demand on the table on Monday, in the form of “automatic price compensation” which would feature in all collective labor agreements. Indexation would take place every year on 1 January. Such a system would be very similar to what exists in Belgium, where the timing and frequency of automatic indexation, however, varies by sector. “A system of automatic wage increases with inflation was in force in the Netherlands until the 1980s,” recalls a union spokesperson. “Now it only exists in the ports and in certain collective agreements (one in 10) and companies”. The FNV does not expect it to harm the competitiveness of Dutch companies “whose profits are high”. Alongside automatic wage indexation, the largest Dutch union is also calling for wage increases, which could reach 12%, like current inflation. “Which would only restore purchasing power and not improve it,” it says. (Belga)

The FNV put this demand on the table on Monday, in the form of “automatic price compensation” which would feature in all collective labor agreements. Indexation would take place every year on 1 January. Such a system would be very similar to what exists in Belgium, where the timing and frequency of automatic indexation, however, varies by sector. “A system of automatic wage increases with inflation was in force in the Netherlands until the 1980s,” recalls a union spokesperson. “Now it only exists in the ports and in certain collective agreements (one in 10) and companies”. The FNV does not expect it to harm the competitiveness of Dutch companies “whose profits are high”. Alongside automatic wage indexation, the largest Dutch union is also calling for wage increases, which could reach 12%, like current inflation. “Which would only restore purchasing power and not improve it,” it says. (Belga)

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