DNBulletin: Influx of young employees and flex workers slowed down wage growth
(WorldNews Netherlands)

DNBulletin: Influx of young employees and flex workers slowed down wage growth Datum 2 juli 2020 Theme Economy Between 2014 and 2018, gross wage growth lagged behind contractual wage growth in spite of an economic upswing and a tightening labour market. One of the causes is the influx of young employees and flex workers during that period. This emerged from a joint study conducted by De Nederlandsche Bank (DNB) and CPB Netherlands Bureau for Economic Policy Analysis (CPB). A further likely cause is the fact that individual remuneration components, such as additional wage increases, bonuses and promotion-related pay rises, were lower than before. Wage drift was negative Under collective wage...