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Economists have warned that a generous wage settlement will slow German economic growth, which is already the lowest in Europe.
One was to grant more generous wage and pension settlements to the municipal unions, undercutting their opposition.
Now a decent living entails more than a generous wage; it involves sharing the company's success with employees.
An experiment from the 1980s found that telling companies that the unemployed were eligible for generous wage subsidies actually made employers less likely to hire such workers.
For those mothers whose partner earns more, without an enhanced SPL allowance it makes little financial sense for them to sacrifice the more generous wage.
That was the way 2014 was billed back in January, when the view was that rapidly falling unemployment would force bosses to grant more generous wage settlements.
Similar(30)
Jefferson Market pays generous wages; we contribute generously to a comprehensive health care plan and a 401(K) retirement plan; and we offer paid overtime, vacation, holidays and personal days.
Relatively generous wages, later enhanced with union benefits, generated upward mobility for blacks.
Republicans have often denounced what they say is a squalid deal in which public-sector unions spend generously to elect allies to office and then those allies lavish generous wages and benefits on union members.
The generous wages of the Louisiana oil industry also draw local workers away from Eunice.
Manufacturing workers earned relatively generous wages and often benefited from opportunities for upward mobility.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com