The average wage growth agreed in the new collective agreements in June is highest at 3.04 percent since the financial crisis of ten years ago. It is also a lot higher than the annual average of 2.3 percent in 2018.
The wage agreements in the first five months of 2019 were 2.74 percent on average. This is apparent from the collective agreement viewer of employers' organization AWVN.
So far, 190 collective labor agreements have been concluded in 2019. This includes 1.13 million employees. Only 14 new collective bargaining agreements were concluded in June. That is considerably lower than the 50 to 60 agreements that are made on average per month.
According to the AWVN, this is mainly due to the attitude of the trade unions, who use a more "action-oriented attitude" at the negotiating table. The new pension agreement could also be felt during the negotiations.
In 2019, a total of 427 collective agreements will expire for 3.1 million employees. 38 percent of the collective agreements that have expired have been renewed. In previous years, that number was higher, at 43 percent.