Salaries

European Commission Launches Initiatives Against Gender Pay Gap

With regards to the European Day of Equal pay, the day from which women will symbolically no longer be paid for the same work compared to their male colleagues until the end of the year, the European Commission has launched initiatives to tackle the persistent gender pay gap.

November 12, 2020

Tax Reform Will Be Valid from September 1 on

According to Finance Minister Blümel, the tax reform will be valid on from September 1 and there will be a corresponding refund for salaries already taxed with retroactive effect from 1 January 2020.

August 31, 2020

Hungary: Net Earnings Grew Substantially

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 3.3%

July 19, 2013

Slight Improvement for Austria’s Economy in 2013/14

IHS (Institute of Advanced Studies) and Wifo (Austrian Institute of Economic Research) forecast a sluggish growth for Austrian’s economy.

March 21, 2013

Hungary: Gross Earnings Increased Marginally

In the national economy – at corporations employing at least 5 persons, budgetary and designated non-profit institutions – average gross earnings increased by 2.5%, while net earnings excluding family tax benefits grew by 3.9% compared to 2011.

March 21, 2013

Serbia: Real Income Shrinks

Available budget and individual consumption of households in the Republic of Serbia, Preliminary data, 4th quarter 2012.

March 15, 2013

Romania: Average Earnings Down Substantially

In January 2013, the average gross nominal earnings were 2138 lei, by 8.7% lower than the one registered in December 2012.

March 7, 2013

Latvia: Moderate Growth in Income

During 2012 wages and salaries increased by LVL 17 or 3.7%.

March 1, 2013

Management Board Salaries Increased by 13.2% in 2010

Salaries for a company’s board members totaled € 3.4m, while compensations for supervisory board members amounted to € 182,000 on average.

November 29, 2011

Salaries Increase by 3.0%

For 2012, Austrian salaries will rise by 3.0% on average. This is beyond the inflation rate by 0.8%.

November 8, 2011

Austrian Wage Increases below European Average

Real incomes are expected to go up by 0.8% next year. The average rate for Europe will be 1.3%.

November 4, 2011

Bargaining Suspended – Metal Workers Take Industrial Action

Employees of more than 140 Austrian companies went on strike after negotiators had failed to agree on wage increases.

October 13, 2011

Metal Workers Start Autumn Bargaining Round

Salaries of 190,000 employees in the metal industry will be negotiated. Trade unions demand substantial increases.

September 22, 2011

Management Rewards Rise Considerably

In 2011, Austrian managers benefit from an increase of their salaries by 4.1% on average. Most of the Austrian managers receive additional payments.

September 21, 2011

Firms Budget 2.8% Wage Increase

Top management of Austrian companies will likely benefit from the highest pay rise next year.

September 14, 2011

Unions Call for Massive Wage Increase

Austrian unionists demand a substantial premium above the inflation rate. They argue that employees should benefit from the strong economic development.

August 19, 2011

Bankers' Bonuses Back to Pre-Crisis Level

Bonus payments of Austrian banks have recovered from the effects of the financial crisis. Rules for the payout have become stricter.

June 7, 2011

Managers' Salaries Reach Pre-Crisis Level

CEOs in Austria earned € 186,000 on average in 2010. The decline of the previous years has been made up for.

May 18, 2011

Labor Chamber: Productivity Grew Significantly More Than Salary Increases

Personnel costs per employee of Austrian companies, according to the Labor Chamber (AK) have grown less than half as strong as productivity since 2003.

April 30, 2011

Tough Collective Bargaining in the Electrical Industry

The second round of collective bargaining in Austria's electrical industry had to be interrupted. About 50,000 workers are affected.

April 6, 2011

Collective Contracts: Wage Increase of 2.95% for 130,000 Construction Workers

In the current collective negotiation rounds, the construction union managed to get the so far highest wage increase. The paper-manufacturing industry agreed on an increase of 2.4%.

March 24, 2011 · Updated: March 24, 2011; 00:31

Tough Negotiations Epected in Austria's Electrical Industry

Collective agreement negotiations for about 50,000 workers in the electrical industry start today.

March 18, 2011

voestalpine: Increased Employee Participation Possible

For the CEO of the Austrian steel group, Wolfgang Eder, the increase of the participation from the current 13.3% to around 16% is envisaged.

January 21, 2011

Only Slight Increase in Austrian Minimum Wages

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

January 15, 2011

Austrian Airlines: Negotiations Finished

The management of the Austrian Airlines and worker representatives agreed to increase salaries slightly in 2011. Thus, strikes will not take place.

January 7, 2011

AUA Staff Ready to go on Strike

The results of the polls are for starting the strike at Austrian Airlines. Should the negotiations fail, the staff is ready to go on strike.

January 5, 2011

AUA: For now, Negotiations Instead of Strikes

At the end of the year, there were still signs of strike for the staff of Austrian Airlines. Now the situation seems to calm down.

January 4, 2011

Chamber of Labor Calls for a More Equitable Distribution

Corporate profits on one hand and reduced working hours, dismissals and wage cuts on the other, are not compatible for the Chamber of Labor.

December 28, 2010

Income Report: Workers' Wages Fell in Real Terms

In its income report, the Audit Court presents the evolution of the income of the Austrians. Increasing differences can be identified.

December 24, 2010

AUA: Signs of Strike

The staff is voting for strike measures. Protests are planned for after the Christmas holidays.

December 14, 2010

AUA: Negotiations Failed, Imminent Protests

Collective agreement negotiations between employee representatives and top leaders of Austrian Airlines had to be interrupted without results.

December 10, 2010

Strike threat at AUA

Salary negotiations at Austrian Airlines falter. The staff wants at least a salary increase equivalent to inflation.

December 2, 2010

Salary Increase in Trade up to 2.3%

Low incomes are taken more into account than higher salaries; the minimum wage in trade now amounts to € 1,300.

November 30, 2010

Arbeiterkammer: Labor Force in Austria Remains Highly Profitable

The representatives of the interests of workers and employees raise criticism on the extents of wage and salary increases with a self-created study. The argument of the companies about the need to build up reserves is incorrect.

November 2, 2010
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