Employers want to limit wage increases: ‘It’s only about purchasing power, but we are pricing ourselves out of the market’

The time when collective labor negotiations were mainly about wages is over. “Our labor costs per hour worked are 35 percent above the European average,” the employers write in their employment conditions memorandum. Companies want to have money left over to invest. “We shouldn’t just talk about dividing the pie. Also about how we can make it bigger.”

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