Pace of wage groth slowing, says ILO

International Labour Organization
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Uploaded on Jan 27, 2017

Many things can be done to boost wage growth, says ILO senior economist, Patrick Belser, and co-author of the ILO’s Global Wage Report 2016/17. These can include the introduction of minimum wage policies and having collective agreement on wages. To address wage inequalities between the top one per cent earners and the lowest paid earners in an enterprise a lot can result from self-regulation, says Belser, where enterprises take a criticial look at their own pay structures.

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