The sliding wage scale consists in increasing the
wage
A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', '' prevailing wage'', and ''yearly bonuses,'' and remun ...
s as the prices rise in order to maintain the
purchasing power
Purchasing power is the amount of goods and services that can be purchased with a unit of currency. For example, if one had taken one unit of currency to a store in the 1950s, it would have been possible to buy a greater number of items than would ...
of the workers even if there is
inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reductio ...
.
Application
In France
The sliding wage scale was introduced in France in July 1952 under the president
Vincent Auriol
Vincent Jules Auriol (; 27 August 1884 – 1 January 1966) was a French politician who served as President of France from 1947 to 1954.
Early life and politics
Auriol was born in Revel, Haute-Garonne, as the only child of Jacques Antoine Aurio ...
(
SFIO
The French Section of the Workers' International (french: Section française de l'Internationale ouvrière, SFIO) was a political party in France that was founded in 1905 and succeeded in 1969 by the modern-day Socialist Party. The SFIO was fou ...
) in the administration Antoine Pinay (
RI).
It was removed in 1982 as
Jacques Delors
Jacques Lucien Jean Delors (born 20 July 1925) is a French politician who served as the 8th President of the European Commission from 1985 to 1995. He served as Minister of Finance of France from 1981 to 1984. He was a Member of the European Pa ...
(
PS) was Finance minister, in the second administration of Pierre Mauroy (
PS).
In Italy
In Italy it was introduced in 1945, modified in 1982 and definitely removed in 1992.
In the European Union
Since 2013 salaries of employees of the institutions of the
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
are linked to the rate of inflation of
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to ...
and
Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small land ...
.
Politico June 21, 2022
"Commission staff get pay raise — against its own advice"
References
Wages and salaries
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