Salaries set to rise less than inflation
Thursday 20 September 2012
Wages in the Netherlands are set to rise 1% this year, about half the rate of inflation, according to research by the consultancy Hay Group.
The figures are based on pay and conditions deals affecting 350,000 workers and 500 Dutch companies and organisations.
The Hay Group expects wages in the collective bargain sector to rise 0.9% next year, BNR radio said.
This, coupled with higher healthcare costs and tax increases, means spending power may well go down more than the 0.75% forecast by the government's planning agency CPB.
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