TY  - BOOK
AU  - Schmidt,Werner
AU  - Dworschak,Bernd
TI  - Pay developments in Britain and Germany: collective barganing, "benchmarking" and "mimetic wages"
SN  - 09596801
AV  - HD8371 EUR 
PY  - 2006///
CY  - London
PB  - sage
KW  - Wage level
KW  - Wage setting
KW  - Collective bargaining
KW  - United Kingdom
N2  - This article examines the impact of national industrial relations institutions on pay movements in Britain and Germany between 1980 and 2000. Pay increases are slightly higher in Britain, despite the breakdown of multi-employer bargaining and agreements in the UK and their persistence in Germany. Evidence shows that pay decisions in Britain are mainly determined by imitation and not by markets. The article suggests that a system of ‘pay benchmarking’ in Britain acts as a substitute for the German ‘sectoral agreement model’ and explains similarities in pay movements
UR  - DOI: 10.1177/0959680106061370
ER  -