The annual Loonwijzer/Monsterboard Wage Index describes some of the key characteristics of the workforce in 10 selected sectors of the Dutch labour market. The latest report (based on a survey among 185,000 respondents) describes that wages decreased by 6% in 2013 compared to 2012. The average hourly wage went down from €15.50 to €14.60. In spite of this overall decrease, the sectoral differences are remarkable. The wage fall was the highest in IT (-8.5%) and banking (-7.9%), the lowest in tour
…Netherlands: wages falling and inequalities rising
Two profound analyses of wages and income in the Netherlands sketch out an alarming picture of the impact of the crisis. Wages decreased by 6% in 2013 compared to 2012 (the IT and financial sectors even exceeding that average) and the Netherlands - an example of virtue in terms of social cohesion - are experiencing a structural increase in inequality.
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