solidaristic wages policy

'solidaristic wages policy' can also refer to...


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The traditional bargaining strategy of the Swedish trade union movement, which sought to establish uniform rates of pay for each occupation and the narrowing of wage differentials. The strategy was dependent on a highly centralized system of wage bargaining and for most of the post-war period was successful in reducing wage inequality. Its pursuit has become increasingly difficult, however, as employers and skilled workers have rebelled against its constraints. In Sweden in recent years, bargaining has been decentralized, allowing workers in the most profitable firms to increase their level of earnings.

Subjects: Human Resource Management.

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