Only Slight Increase in Austrian Minimum Wages

Business › Economy ♦ Published: January 15, 2011; 00:05 ♦ (Vindobona)

Index of Agreed Minimum Wages 2010: low increase due to economic crisis.

Only Slight Increase in Austrian Minimum Wages / Picture: © Wikimedia Commons / Jack Georges [Public Domain]

In 2010, the annual average value of the Index of Agreed Minimum Wages 06 increased by 1.6% in comparison to the previous year, according to Statistics Austria's latest calculations. This is the lowest annual increase since the revision of the Index in 1987. Compared to the average values of 2009, minimum wages for blue collar workers rose by 1.7%, for white collar workers by 1.6% and…

or Log In

Fast News Search
Related News
Austria's Competitiveness Increases Slightly (January 13, 2011)
Experts: No Failures in the Austrian Labor Market (January 3, 2011)
Austrian Unemployment Further Declines (January 2, 2011)
Changes in Living Standard of Austrians (December 31, 2010)
Austria's Labor Market Opens (December 30, 2010)
Income Report: Workers' Wages Fell in Real Terms (December 24, 2010)
Salary Increase in Trade up to 2.3% (November 30, 2010)
Metal Workers: Up to 3% Wage Increase (November 8, 2010)
Read More
Catering Industry, Statistics Austria, Employment, Labor Market, Salaries, Workforce, Minimum Wages, Hotel Industry
Featured
See latest Vindobona Newsletter