Il purchasing power of payroll between 2000 and 2014 it grew more than the increase in consumer prices, with an average annual change of 0,5%. The detects it Study Center of Confindustria in a note in which he analyzed the increase in the salaries of Italians and the profitability of companies which, according to the CSC study, would be at its lowest.
The study highlights how, for example, between the 2000 and the 2014, in the manufacturing sector wages gross per unit of work are climbs 17,6% real, +1,2% per year, with a much higher increase than that recorded in productivity. In particular, in the last 3 years, again in the manufacturing sector, there has been a growth in wages of 4,6%, having been based on inflation forecasts which have turned out to be much higher than the actual one.
“When fully operational – reads the note from the CSC – the annual extra cost for businesses is 4,1 billion and entails a clear reduction in competitiveness, which weakens company balance sheets and lowers GDP and employment”. In the note, the Viale dell'Astronomia Study Center points out that “in the future, wage dynamics will be more linked to productivity. Since the beginning of the XNUMXs, the sustained trend in wages has pushed up the share of added value that goes to work, so much so that it has returned to the historic peaks of the mid-XNUMXs”.
You can download the attachment with the complete note from the Confindustria Study Center below.
Attachments: Note CSC 13_2015 – Lavoro.pdf
