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VOSz against direct wage control

Association of entrepreneurs and employers VOSz objects against direct wage control. The government plans to put financial pressure on companies that do not comply with the agreements reached with national interest conciliation council OÉT.

The plan that aims to ensure that the new tax system does not reduce salaries is a bad message from the wage monitoring committee and would end the decades-long free wage bargaining by implementing central wage control, VOSz said.

According to wire agency Független Hírügynökség, VOSz also pointed out that OÉT’s suggestion of 4-6% wage increase in the competitive sector for the year 2011 could not be taken as an obligation but as a possible tool of competitiveness. “Wages are tools of employee appreciation,” VOSz noted.