Nordic countries at odds with EU over minimum wage - News Summed Up

Nordic countries at odds with EU over minimum wage


High-wage Nordic countries, including Denmark and Sweden, are battling plans to introduce an EU-wide minimum wage over fears the measure will undermine their century-old models of collective bargaining. Bulgaria’s current minimum wage for a full time worker is €286 a month compared with €2,071 a month in Luxembourg. The commission’s aim is to ensure member states set a minimum wage equivalent to 60% of the median salary in that country. HMRC catches only 13% of firms paying below minimum wage Read moreHe told the Guardian: “The number of people in employment in the EU is at a record high. “An EU framework for setting minimum wages could help to combat inequalities and to avert a destructive race to the bottom in the cost of labour.


Source: The Guardian January 12, 2020 11:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */