Belgium: employers advocate the idea of a wage norm partly linked to the results of the firm or the sector

While cross-industry negotiations are in sight, the managing director of the Confederation of Belgium Firms (FEB), Peter Timmermans has just made the news by refusing to clearly promise a wage increase, one of the biggest stakes which will be on the table of negotiations. (Ref. 06994)
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To support his position, Peter Timmermans is cautious on the return of growth, recommending to wait for the central Council of economy’s report which must be published in mid-November. For labor unions, this position is so radical that they don’t even want to comment on it. Besides the rejection of any wage increase, the FEB’s manager advocates a « variable wage », adjustable according to the sector’s health, an idea which he will defend during cross-industry negotiations. In the same impulse,

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