Wages

  • Wages are without a doubt, key players in working conditions and terms of employment at company level. As a cost for employers and main income for workers, wages can be potential source of conflict and have become the main collective negociation subject in the whole world.
  • Wages can furthermore constitute a major source of discrimination and impoverishment when no decent lower limit is guaranteed for workers. On the economic level, they represent an important part of working force costs and are a fundamental competitive factor for companies, which is something that needs to be analysed, especially regarding their interdependency with some other main economic factors such as employment, productivity and investments. 

Source BIT