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Real wages increase only for a few

From the outstanding business of the year 2018, which is expected to bring the Switzerland, a growth rate of around 2.6 percent, are the work of taking a little hit. You must be lucky if you even get the benefit of a low real wage increase. By far the greater part of the employees has to face in contrast to a loss of purchasing power. In this short formula, a first balance to the wage can be round 2018/19.

That the workers ' umbrella organisation travail Suisse reviewed the previous financial statements, with the "unsatisfactory", is not surprising. "For the majority of workers, wages will rise, which in 2019 in nominal terms between 0.5 and 1.5 per cent, which, however, are hardly sufficient for a real-wage growth," said Gabriel Fischer, head of economic policy, yesterday, representatives of the media in Bern.

The average inflation rate for the year 2018 is estimated by most experts to 0.9 percent. The rising health insurance premiums, which are not included in the inflation calculation that would have reduced the disposable income in 2018 by a further 0.3 per cent, as Fischer added, with reference to data of the Federal office for statistics.

a Satisfied employer

The current round of Pay negotiations is the third in a row in the employees with stagnant to slightly declining real wages, modest (after 2015 and 2016, real wage increases of over 1 per cent resulted). This standstill is in contrast to a solid, growing economy and a steadily increasing employment.

"put The employer in the negotiations, a new hardness to the day," said Daniel Lampart, chief economist of the Swiss trade Union Federation. What is the granting – or not granting – of the inflation compensation is concerned, was not to be, so Lampart like, "behind the old times back".

Satisfied with the state of wage negotiations, the employer shows, however, Association. "The results Essentially correspond to our expectations, and they fit in the economic landscape," says its spokesman Fredy Greuter. The "beautiful data set of the Swiss economy" should not obscure the fact that it is "the most important Size in wage negotiations – productivity – particularly well".

slow growth

According to Greuter productivity – the output per work done has moved the hour – since 2008, sideways, while wages have increased. This competitive disadvantage in the international comparison would have to compensate the employer.

Meanwhile, the modest wage increases through long-on the domestic economy. Private consumption is weakening for several quarters, and in your tabled yesterday, forecast the Economists at the Federal expected in the first half of 2019 with a subdued development.

As a basic call rates for the "subdued wage trends of the recent past", in conjunction with the return of positive inflation, which would reduce the real purchasing power of private households. Mainly because of the subdued consumer spending in this country, the experts of the Federal government have reduced their expectations for the domestic demand. The same is true for the overall economic growth in the next year: It should still be 1.5 percent, compared with 2 percent in the last forecast.

Higher minimum wages

criticism of the Swiss Travail-suisse furthermore, the unbroken inclination of the employers, wage improvements individually. In the past three years, only about a third of the work taking of General increases in benefits, criticised Gabriel Fischer. In the period from 2007 to 2009, the corresponding share was around 70 percent. "As a result" of the travail Suisse representative, "the fact that wage increases are not very transparent and, to a certain degree arbitrarily granted".

"a Few small light" after all, Fischer was also able to report. In the cleaning industry, in the hair and in the host the minimum wage sector increased, respectively, in connection with the aspirations of the employees for the (Further)education. At the successful completion of a course, how is he provided for in the collective labour agreement of the cleaning industry, to increase the minimum wage to 1 Swiss franc per hour. This can correspond to an increase of up to 5 percent.

(editing Tamedia)

Created: 18.12.2018, at 22:41

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