Minimum wages – designs and effects

2 July, 2012
Source: 
www.fafo.no
Most European countries have schemes for statutory minimum wage, while this has been an alien concept in the Nordic context. A new report gives an overview of the design of minimum wages in Europe.

The topic of statutory minimum wage has gained new relevance in the recent years, also at European level. Massive labour mobility has put pressure on existing national regulation regimes, and the consequences of the financial crisis have hade a brutal impact on large parts of the European labour markets.

A new report from the Norwegian research institute Fafo provides an overview of the designs and effects of statutory minimum wages in Europe.

The report also looks into factors that can explain the diverse views on statutory minimum wage regulation and why Nordic trade unions have offered resistance towards European initiatives in this area.

Read the full report European Minimum Wage: A Nordic Outlook (English, German and Norwegian versions)

 

 

 

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