The growth of wages suffers a drastic brake: ILO – Expansion MX

GENEVA (AFP) –

The growth of the salaries in the world has slowed dramatically since four years ago, with a rate of 1.7% in 2015, compared to 2.5% in 2012, according to the world report on wages 2016/2017 published this Thursday by the International Labour Organization (ILO).

“The growth of wages world went from 1.6% in 2012 to 0.9% in 2015″, according to the experts of the ILO, an agency tripartira of the UN that brings together governments, employers and workers.

Except in China, where wage growth has been faster than in the rest of the world with a rate of 6.9% on 2015.

In regard to emerging or developing countries of the G20, the growth of real wages has also slowed down, going from 6.6% in 2012 to 2.5% in 2015.

In the developed world, salaries increased by 2.2% in the united States in 2015, 1.5% in Europe of the north, south and west, and 1.9% in the countries of the European Union.

These wage trends are a great source of concern, said at a conference in Geneva, Deborah Greenfield, deputy director general of the ILO.

“Certain gains achieved during the past few years could easily deteriorate”, he added.

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According to the responsible of the ILO, I do not see a political will to reduce the gap between developing and developed countries.

For Greenfield, wage inequalities are particularly marked in regard to women, who earn an average of 20% less than men.

And when we look at the situation man/woman in the stretch of the more you earn, the wage gap exceeds 50%, according to this report.

A “man of the president (of a company) to win the double that a woman” that exerts the same charge, according to an expert from the ILO.

The wage gap in companies that pay average wages higher is particularly important. At the lowest end of the scale, employees in charge an average of 7.1 euros per hour, while the highest amounted to 844 euros per hour.

To reduce these differences, the ILO advocates a number of solutions: collective bargaining, self-regulation of the excessive remuneration, and the promotion of productivity.

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