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Austrian Real Wage Growth 1.1% in 2013
According to the management consultancy firm Aon-Hewitt, the wage growth will come at 3.3% in Austria. Real wage growth will be slightly above the average.
Austrian Real Wage Growth 1.1% in 2013 / Picture: © Vindobona.org
Despite the relatively low economic growth in 2012, real wage growth should come at 1.1% next year, Aon-Hewitt says in a study. All income groups will benefit from the wage increases. The average salary increase for the top management is expected to reach 3.1%.
The management consultancy firm anticipates an inflation of 2.2% next year. This trend is expected to continue in 2014.…
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