Promoting Social Dialogue in European Organizations by Martin Euwema Lourdes Munduate Patricia Elgoibar Erica Pender & Ana Belén García

Author:Martin Euwema, Lourdes Munduate, Patricia Elgoibar, Erica Pender & Ana Belén García
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

Pay increases in industry agreements are no longer linked to the forecast inflation rate, but to the forecast European consumer price index for Italy, excluding energy consumption. Any differences between the forecast and actual inflation should be made up for within the 3-year period of the agreement. Productivity improvements are now only to be taken account of in company level bargaining, which the government is encouraging through tax incentives. Where there is no company-level bargaining, employees should receive extra payments through a wage guarantee element (EGR -elemento di garanzia retributive), to be agreed jointly by the two sides, and paid at the end of the three year period.

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