szukaj

What's new

European minimum wage – smothering the EU economy at a key moment in overcoming the crisis



Warsaw, 23rd April 2021

 

European minimum wage – smothering the EU economy
at a key moment in overcoming the crisis

 

The Directive on adequate minimum wages in the European Union will have detrimental effects on the European labour market and economy. Furthermore, the directive may worsen the situation of the most vulnerable workers, make it more difficult for the EU to recover from the ongoing crisis, and disrupt well-functioning collective bargaining systems. These are the main reasons why the Union of Entrepreneurs and Employers, together with SME Connect and the European Enterprise Alliance, co-hosted a Round Table on the European Minimum Wage on 23rd April.

The round table constituted a platform for the exchange of experiences and opinions for Polish and European as well as global organisations that helped shed new light on the proposals of the European Commission. The negative impact on companies affected by the crisis, the marginalisation of the most vulnerable of workers, and the growing number of people employed on the basis of other forms than a contact are merely a few of the actual effects of the directive, which are being downplayed by the Commission. That is also why the discussion covered the aspect of the Commission’s competences in the field of remuneration, the issue of the lack of a minimum wage in individual EU countries, or the impact of the directive on the competitiveness of the European economy on world markets.

Over the course of the event, a letter to EU authorities on the European Minimum Wage was published. It was addressed to the President of the European Commission Ursula von der Leyen, President of the European Parliament David Maria Sassoli and President of the European Council Charles Michel. The signatories of the appeal who object the proposal of a European minimum wage are 25 Polish and European institutions, including employers’ organisations, associations, and think tanks.

The authors of the letter firmly stressed that the European Union should remain a place of freedom and cooperation, where practices of one EU member states are not imposed in other member states. The signatories also drew attention to the fact that the proposal for adequate minimum wages in the European Union is focused on achieving political goals and fails to take into account the real effects of the regulations introduced, which will – first and foremost – negatively affect those whom the directive was supposed to help, that is, those who earn the least.

 

See more: 23.04.2021 Letter on the European Minimum Wage

Najnowsze artykuły

Survey by the Union of Entrepreneurs and Employers:Pawnshop market is growing fast

While the number of consumer loans granted by banks and companies specialising in loans is declining, and the government is tightening regulations for the financial industry, the pawnshop sector is booming. According to the first ever report on pawnshops in Poland by the Union of Entrepreneurs and Employers: although pawnshops provide cash loans against a pledge, they are circumventing the provisions of the Consumer Credit Act…

EESC Activities Report no. 3/21

Marcin Nowacki, President of the European Enterprise Alliance and Vice-President of the Union of Entrepreneurs and Employers, and Tomasz Wróblewski, President of the Warsaw Enterprise Institute, are members of the European Economic and Social Committee (EESC), an EU advisory body which represents employers’ and employees’ organisations in the EU lawmaking process. We present a summary of their activities in March 2021…

European minimum wage – smothering the EU economy at a key moment in overcoming the crisis

The Directive on adequate minimum wages in the European Union will have detrimental effects on the European labour market and economy. Furthermore, the directive may worsen the situation of the most vulnerable workers, make it more difficult for the EU to recover from the ongoing crisis, and disrupt well-functioning collective bargaining systems. These are the main reasons why the Union of Entrepreneurs and Employers, together with SME Connect and the European Enterprise Alliance, co-hosted a Round Table on the European Minimum Wage on 23rd April…

ZPP

If you want to receive weekly information from Brussels
Click here

Become a ZPP Member!

Join us!

By giving your email address, you grant permission to the ZPP to send you information

Our websites

Our newsletters

Facebook