Wage guideline

The economic wage guideline is the cost-level-neutral wage increase , i. H. a wage increase based on the development of labor productivity .

In the tariff policy the default of such a guideline for collective bargaining is discussed regularly. The employee side ( unions , purchasing power- oriented economists) argues that the guideline should include a stronger wage increase to increase purchasing power. The employer side argues that falling below the wage guideline, i. H. Wage restraint would lead to an increase in employment in the medium and long term .

The cost-level-neutral wage increase takes into account not only the development of labor productivity, but also foreign trade prices and statutory and voluntary social benefits.