Sliding wage scale

The sliding wage scale consists in increasing the wages as the prices rise in order to maintain the purchasing power of the workers even if there is inflation.

The sliding wage scale was introduced in France in July 1952 under the president Vincent Auriol (SFIO) in the administration Antoine Pinay (RI).

In Italy it was introduced in 1945, modified several times since and definitely removed in 1992.

[1] Since 2013 salaries of employees of the institutions of the European Union are linked to the rate of inflation of Belgium and Luxembourg.

[2] Comprehensive Employment and Training Act This article about the economy is a stub.