Examples of 'wage setting' in a sentence
Meaning of "wage setting"
Wage setting refers to the process of determining the appropriate level of wages for employees. It involves considering various factors such as market conditions, industry standards, cost of living, profitability, and labor demand and supply. Wage setting can be done through negotiations between employers and employees, collective bargaining, government regulations, or market forces. Different wage setting mechanisms exist across different countries and industries
How to use "wage setting" in a sentence
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wage setting
This work is particularly applicable to wage setting.
The wage setting mechanism may function rigid.
These derive from the wage setting process itself.
Wage setting may include basic and variable remuneration.
Let us start with wage setting in the private sector.
Wage setting mechanisms that promote mobility would be beneficial.
Safeguarding of social bargaining processes and wage setting agreements.
Wage setting must internalise the implications of monetary union.
The question arose how to deal with individual wage setting.
Wage setting takes little account in practice of substantial productivity differentials.
Insiders of the labor unions have considerable power in wage setting.
Wage setting mechanisms.
Safeguarding social bargaining processes and wage setting agreements when delivering recommendations.
A wage setting system capable of providing appropriate price signals also helps facilitate structural adjustment.
The wage negotiation process is decentralisedwith wage setting mostly at the enterprise level.
See also
The wage setting functions in the bill be undertaken by the Council.
Institutional mechanisms and systems on wage setting can also influence the pay gap.
Second, the wage setting mechanisms have been radically altered in many.
The wage negotiation process is decentralised with wage setting mostly at the enterprise level.
The differences in wage setting between DE and RE are crucial in these dynamics.
Efforts to improve collective bargaining should bring wage setting more in line labour market needs.
Informing the wage setting processes at national level by providing relevant information ;.
Minimum wages are an increasingly important component of wage setting in the EU.
Encourage a reform of wage setting which allows wages to better reflect productivity.
There are no clear guidelines for transparent minimum wage setting in Bulgaria.
Flexibility in price and wage setting is therefore particularly crucial for the euro area.
However, funds should be made dependent on companies ' adherence to wage setting standards.
Any attempt to directly influence wage setting falls completely outside the remit of competitiveness boards.
Ensure employment-friendly labour cost developments and wage setting mechanisms.
O wage setting must take into account the implications of monetary union ;.
This will bring needed rigidity into wage setting and will contain extra wage flexibility.
Wage setting is done by majority-voting by life-cycle optimisers in a centralised monopoly union.
In some instances, they explicitly encourage a move to more decentralised wage setting mechanisms.
Action was also taken to make minimum wage setting frameworks more transparent and / or predictable.
Hence, wage growth in one country may have a direct spillover on wage setting in others.
Consideration 4, Wage setting must internalise the implications of monetary union.
Social partners are effectively involved in statutory minimum wage setting to support minimum wage adequacy;.
In many Member States, wage setting is at the core of social partners ' bipartite activities.
The EU 's economic governance procedures are undermining collective bargaining, wage setting and gender equality.
Wage setting institutions ( unions, collective bargaining and the minimum wage ).
Labour market institutions and wage setting 7.1. Longstanding centralised incomes policy.
The wage setting system, in particular in the public sector, remains rigid and non-transparent.
Is wage setting fair ( and does it motivate staff )?
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