Sectors where wages are increasing the most quickly are finance and trade. This increase is due to economic recovery, with a 3.25 % growth rate expected in 2006, instead of 2.75 % announced in February by the Ministry of Economy. The Mercer’s study stresses the persistent differences between men and women, notably for administrators (7.4 % more for men) accountants (9 %). After four years of decline (-0.7 % in 2005,-0.2 % in 2004,-2.2 % in 2003,-0.9 % in 2002), the buying power of Dutch househo
…Netherlands: wage increases are surprisingly high
Wages are increasing faster than expected this year, according to the annual index of Mercer Human Resource Consulting, published on September 5th. The average increase is 3.8 %, nearly double the 2 % rate expected in 2006, with a 4.1 % peak for executives. (Ref 06860)
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