Wages and wage policies. What are the prospects? (Policy Brief 283 - September 2012)
The salary, the Thirty Glorious have been synonymous with substantial gains in purchasing power of the average wage. They slow down after the first oil shock, but the real inflection occurs with "wage moderation" which settles after 1982. This has not been denied, resulting in a share of the value added generally less favorable to employees than in 1950-1960.
- Wages and wage policies. What are the prospects?
The salary range is also varied: after opening during the same decades, it narrows from 1968, including the effect of the minimum wage. But new differences have emerged from the 1990s, with the installation of unemployment compaction bottom of the wage scale and accelerated progression of very high wages, employment diversification and fragmentation (CSD temporary, part time) . Other changes have affected the structure and regulation of remuneration. The growth of post-war rested on wage policies determined in part by the State and supported by branch collective bargaining, redistributing productivity gains through increases in general and irreversible. They have since diversified, combining components collective, individual, irreversible and variables. New forms of public regulation have emerged, in particular to reconcile the defense of employment and preservation of purchasing power (SMIC moderation, relief from social security contributions, wage income support). They are accompanied by a conventional control branch less meaningful, in favor of a management salary (negotiated or not) more decentralized at the business, but the growth of labor cost adjustment and performance incentives .
Summary
- Wage dynamics in the long run
- Mutations wage regulation
- Authors: Jean-Louis Dayan, Antoine Naboulet, in collaboration with Christel Gilles, Labour Employment Department .
Keywords: wages, wage moderation, collective bargaining, minimum wage, inequality, labor costs, purchasing power, labor productivity.