La riforma della        contrattazione:  redistribuzione perversa o    produzione di reddito?                        by   ...
!"#$%&1. Historical context        7. Decentralised bargaining2. ’93 July agreement and    8. Equalising economicabolition...
!"#$%&($)*+,)-&./&
During italian economic boom:productivity increase,unemployment decrease.Inflation remain constant.
After “autunno caldo”and during 70’s:productivity doesn’t increase,unemployment doesn’t decrease,wages increase.Inflation i...
0"!12,34+5,*6(..7.-&,*-8,*9+$&$-,:,%+$8$-6,%)*+.
Objectives:Improve productivityCalm inflationCreate social cohesionbetween social parts
Structure:National bargaining: indexationDecentralised bargaining: productivity
!"#$!%&$()*+,(-
2"0;;1,*6(..7.-&,
Change:3 years durationIndexation systemIntroduction of equalising economic element
<"=-8./*&$-
PROBLEM #1                   PROBLEM #2“Significative” inflation             HICP                          (harmonised index...
PROBLEM #1“Significative” inflation
.,"$/$-0$&,-&,-1"+,(-&/"+$      Expected           real    inflation rate   inflation rate          (t)           (t+3)
Significative inflation is contractedbetween labor union and employer’s              federation
Significative inflation is contractedbetween labor union and employer’s              federation
Significative inflation is contractedbetween labor union and employer’s              federation
23,#-,40"+,$5&,-1"+,(-               Inflation part              not recovered
PROBLEM #2             HICP(harmonised index of consumer prices)
NOT                         CONSIDERED>-.(65,68%Represent 0,2‰ of HICPFrom 2000 to 2008+16% for year
?@$&&$,A64(*&$B$C                                 NOTThe 81,2% of italian family   CONSIDEREDlive in his own house.Family ...
D$".(.-&,$-)7.%!"!#$#%&()*#&)   NOTCONSIDERED
EF,:(.G4.-)5,  )-%47.8         Low inflation rate           or deflation
#$6H,:(.G4.-)5,  )-%47.8         Hight inflation rate
6-"77/(7/,"+$&869:            Inflation part           not recovered
PROBLEM #3Wage indexation
WAGE           1993   X   EXPECTED                      INFLATION   =   RECOVERED                                      INF...
WAGE           2009   X   EXPECTED                      INFLATION   =   RECOVERED                                      INF...
;"#$&,-<$="+,(-          Inflation part         not recovered
PROBLEM #4Decentralised bargaining
.$0$-+/"),%$<&>"/#",-,-#   2st level   Inflationnot recovered  1st level  Inflation recovered
Decentralised bargainingrepresent 10% of wageReal value ofincentive coulddecrease over time
.$0$-+/"),%$<&>"/#",-,-#               Inflation part              not recovered
PROBLEM #1                   PROBLEM #2“Significative” inflation             HICP                          (harmonized index...
I"J&*&$),78.+
! = base salariale indicizzata" = valore economico del punto per l’indicizzazione# = restituzione delle differenze signifi...
1. Used indexationsystem is fair2. With estimatedvariables is unfair3. Would be necessaryincrease decentralisedwage
K"L(84)&$B$&5
MH5,=&*+5,)*-!&,$-)(.*%.,$&%,N(84)&$B$&5O                                                    +12.1% -1.1%*                ...
E$&.(*&4(.!%,(.*%-%,Lack investement in ICTtrend is similar with competitorsRigidities in labor marketcontrast with Europe...
PRODUC          WAGE TIVITY
P*(6$-*+$%&,&H.(5Wage rapresentremuneration of themarginal productivityof labor.PRODUC                        WAGE TIVITY
P*(6$-*+$%&,&H.(5Productivity increase whenemployers increase effort.PRODUC                             WAGE TIVITY
PRODUC          WAGE TIVITY
PRODUC                        WAGE TIVITYQH.(5,:,J5+%,E*9$-$Unions bargain wage’sincreasement.Profits decrease.
PRODUC                                  WAGE TIVITYQH.(5,:,J5+%,E*9$-$Firms are oblidge to make innovationin order to main...
R"D.).-&(*+$%.8,9*(6*$-$-6
L(A&,%H*($-6After 3 years organizationperformance is evaluated                             PROFIT
L(A&,%H*($-6Employeds receiveda share of profit                     BONUS
=-N4&,($.-&.8COMPETENCE
S4&N4&,             ROI($.-&.8    ?COMPETENCE
BONUS
T*)UF*(8,  +U$-6
T*)UF*(8,ROI             +U$-6=-).-&$B*&$-,%5%&.7,    8.%-!&,F(U
L($).V1000!    ROI
L($).V2000!                           ROIIn order toreach their goalfirm couldincrease pricewithout increase productivityif...
L($).V2000!                           ROIIn order toreach their goalfirm couldincrease pricewithout increase productivityif...
If one firm share a part               of new profitsROI          the real wage of           employee increases         MH*&...
ROI    ROI   ROI   ROI      INFLATION
ROI   ROI   ROI   ROIREAL WAGE DOESN’T INCREASE
W">G4*+$%$-6,.)-7$),.+.7.-&
WAGE                                 WAGE WITH WITHOUT                                DECENTRALISEDDECENTRALISED          ...
WAGE WITHOUTDECENTRALISED BARGAINING                           WAGE WITH                          DECENTRALISED           ...
WAGE +EQUALISING           WAGE WITH ECONOMIC           DECENTRALISED  ELEMENT            BARGAINING         SOCIAL EQUITY
W"0>G4*+$%$-6,.)-7$),.+.7.-&"!"#$%&(
S4&N4&,    ECONOMIC             CYCLE($.-&.8   ?       EQUALISING            ECONOMIC SKILLS      ELEMENT
T*)UF*(8,  +U$-6
EQUALISING ECONOMIC  ELEMENT
TodayBased on 4 previous years
Supply after 3 years(at the end of the contract          validity)
DECENTRALIZED BARGAINING Fiscal incentivesCost of bargain for     the firm
EQUALISING     ECONOMIC      ELEMENT    Fiscal incentivesAbsence of bargain cost     for the firmBargain at national level
UNILATERAL INDIVIDUAL   BONUS Fiscal incentives Without bargainNo minimum bonus
EQUALISING   UNILATERALDECENTRALIZED                 ECONOMIC    INDIVIDUAL BARGAINING                  ELEMENT      BONUS...
1"!X+&.(-*&$B.,$8.*%")*+&*,-./,-#*0(1(,&2
BONUS
BONUSVALUTATION  SKILLS
@(F*(8,+U$-6
1"0X+&.(-*&$B.,$8.*%"345/%-(-*60&+#*#-+0&%&&*,2
TodayBased on 4 previous years
Supply today
@(F*(8,+U$-6
!;"L*&&,%)$*+.,N.(,+*,N(84&&$B$&Y,.,+*,)(.%)$&*
ICT       COMPLEMENTARITYNEW WORK           ORGANIZATIONPRACTICIES            CHANGE
GOVERNMENT         COOPERATIONEMPLOYERS’                  UNION LABORFEDERATION
GOVERNMENT               SIGN                 A             PROTOCOL                AT             NATIONAL               ...
GOVERNMENTAS EMPLOYER FOR PUBLIC SECTOR:     IMPLEMENT NEW WORK           PRACTICES             AND NEW FORM OF ORGANIZATI...
GOVERNMENT               SIGN                 A             PROTOCOL                AT             NATIONAL               ...
EMPLOYERS’      FEDERATION   IMPLEMENT NEW WORK        PRACTICIES           ANDNEW FORM OF ORGANIZATION   BARGAIN OF OBJEC...
GOVERNMENT               SIGN                 A             PROTOCOL                AT             NATIONAL               ...
UNION LABOR      COOPERATION AT FIRM LEVELIN ORDER TO INTRODUCE NEW PRACTICIES     AND OBTAIN FISCAL INCENTIVES
!!"Z-)+4%$-%
!"Q,%$7$+*(,&,!12,*6(..7.-&"D.%-!&,$7N(B.,N(84)&$B$&5
0">G4*+$%$-6,.)-7$),.+.7.-&,8$%)4(*6.%,8.).-&(*+$%.8,9*(6*$-$6
2"M(%&,$-8./*&$-,%5%&.7,
@(7,)-&(*N%$&$-,&,)N.(*&$-"7/,,#0(#+-/%&07&"0%/07"#85,,-.-,90&0%/0+"&(+-,/
La riforma della contrattazione: redistribuzione perversa o produzione di reddito?
La riforma della contrattazione: redistribuzione perversa o produzione di reddito?
La riforma della contrattazione: redistribuzione perversa o produzione di reddito?
La riforma della contrattazione: redistribuzione perversa o produzione di reddito?
Upcoming SlideShare
Loading in …5
×

La riforma della contrattazione: redistribuzione perversa o produzione di reddito?

400 views

Published on

An analysis of the 2009 italian agreement between labor union and employer’s federation and the suggestion of the alternative idea of a social contract for the productivity and economic growth.
The presentation is part of the course of "mercati interni del lavoro e innovazioni organizzative" with professor Riccardo Leoni.
http://www.pattosociale.altervista.org/
April 2011.

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
400
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • La riforma della contrattazione: redistribuzione perversa o produzione di reddito?

    1. 1. La riforma della contrattazione: redistribuzione perversa o produzione di reddito? by Riccardo Leoni and Nicola Acocella Presented byMatteo Foiadelli, Paolo Viganò and Fabio Invernizzi
    2. 2. !"#$%&1. Historical context 7. Decentralised bargaining2. ’93 July agreement and 8. Equalising economicabolition of sliding scale element3. 2009 agreement 9. Alternative ideas.4. Indexation 10. Patto sociale per la produttività e5. Static model la crescita6.Productivity 11. Conclusions
    3. 3. !"#$%&($)*+,)-&./&
    4. 4. During italian economic boom:productivity increase,unemployment decrease.Inflation remain constant.
    5. 5. After “autunno caldo”and during 70’s:productivity doesn’t increase,unemployment doesn’t decrease,wages increase.Inflation increase.
    6. 6. 0"!12,34+5,*6(..7.-&,*-8,*9+$&$-,:,%+$8$-6,%)*+.
    7. 7. Objectives:Improve productivityCalm inflationCreate social cohesionbetween social parts
    8. 8. Structure:National bargaining: indexationDecentralised bargaining: productivity
    9. 9. !"#$!%&$()*+,(-
    10. 10. 2"0;;1,*6(..7.-&,
    11. 11. Change:3 years durationIndexation systemIntroduction of equalising economic element
    12. 12. <"=-8./*&$-
    13. 13. PROBLEM #1 PROBLEM #2“Significative” inflation HICP (harmonised index of consumer prices) PROBLEM #3 PROBLEM #4 Wage indexation Decentralised bargaining
    14. 14. PROBLEM #1“Significative” inflation
    15. 15. .,"$/$-0$&,-&,-1"+,(-&/"+$ Expected real inflation rate inflation rate (t) (t+3)
    16. 16. Significative inflation is contractedbetween labor union and employer’s federation
    17. 17. Significative inflation is contractedbetween labor union and employer’s federation
    18. 18. Significative inflation is contractedbetween labor union and employer’s federation
    19. 19. 23,#-,40"+,$5&,-1"+,(- Inflation part not recovered
    20. 20. PROBLEM #2 HICP(harmonised index of consumer prices)
    21. 21. NOT CONSIDERED>-.(65,68%Represent 0,2‰ of HICPFrom 2000 to 2008+16% for year
    22. 22. ?@$&&$,A64(*&$B$C NOTThe 81,2% of italian family CONSIDEREDlive in his own house.Family has to spentpart of the incomein order torenovate home
    23. 23. D$".(.-&,$-)7.%!"!#$#%&()*#&) NOTCONSIDERED
    24. 24. EF,:(.G4.-)5, )-%47.8 Low inflation rate or deflation
    25. 25. #$6H,:(.G4.-)5, )-%47.8 Hight inflation rate
    26. 26. 6-"77/(7/,"+$&869: Inflation part not recovered
    27. 27. PROBLEM #3Wage indexation
    28. 28. WAGE 1993 X EXPECTED INFLATION = RECOVERED INFLATION18,7 !/h
    29. 29. WAGE 2009 X EXPECTED INFLATION = RECOVERED INFLATION -12,6%15,6 !/h
    30. 30. ;"#$&,-<$="+,(- Inflation part not recovered
    31. 31. PROBLEM #4Decentralised bargaining
    32. 32. .$0$-+/"),%$<&>"/#",-,-# 2st level Inflationnot recovered 1st level Inflation recovered
    33. 33. Decentralised bargainingrepresent 10% of wageReal value ofincentive coulddecrease over time
    34. 34. .$0$-+/"),%$<&>"/#",-,-# Inflation part not recovered
    35. 35. PROBLEM #1 PROBLEM #2“Significative” inflation HICP (harmonized index of consumer prices) PROBLEM #3 PROBLEM #4 Wage indexation Decentralized bargaining
    36. 36. I"J&*&$),78.+
    37. 37. ! = base salariale indicizzata" = valore economico del punto per l’indicizzazione# = restituzione delle differenze significativepeu = tasso di inflazione ufficiale prevista$ = incidenza dei beni energeticipeuBE = tasso di inflazione ufficiale prevista relativa ai beni energetici% = rapporto fra inflazione percepita e ufficialepEU = tasso di inflazione ufficiale effettivapEUBE = tasso di inflazione ufficiale effettiva relativa ai beni energeticiWnd = tasso di variazione del salario connesso alla contrattazione decentrata oall’elemento di garanzia retributiva
    38. 38. 1. Used indexationsystem is fair2. With estimatedvariables is unfair3. Would be necessaryincrease decentralisedwage
    39. 39. K"L(84)&$B$&5
    40. 40. MH5,=&*+5,)*-!&,$-)(.*%.,$&%,N(84)&$B$&5O +12.1% -1.1%* COMPETITORS +13.2% DEALY +12.1%* Trend productivity 1995-2005
    41. 41. E$&.(*&4(.!%,(.*%-%,Lack investement in ICTtrend is similar with competitorsRigidities in labor marketcontrast with European Commission (Empowerment)Little firms and Specialization in traditional sectorsexplain only 18% of gap in productivity (Foresti et al.)
    42. 42. PRODUC WAGE TIVITY
    43. 43. P*(6$-*+$%&,&H.(5Wage rapresentremuneration of themarginal productivityof labor.PRODUC WAGE TIVITY
    44. 44. P*(6$-*+$%&,&H.(5Productivity increase whenemployers increase effort.PRODUC WAGE TIVITY
    45. 45. PRODUC WAGE TIVITY
    46. 46. PRODUC WAGE TIVITYQH.(5,:,J5+%,E*9$-$Unions bargain wage’sincreasement.Profits decrease.
    47. 47. PRODUC WAGE TIVITYQH.(5,:,J5+%,E*9$-$Firms are oblidge to make innovationin order to maintain the original levelof profit.
    48. 48. R"D.).-&(*+$%.8,9*(6*$-$-6
    49. 49. L(A&,%H*($-6After 3 years organizationperformance is evaluated PROFIT
    50. 50. L(A&,%H*($-6Employeds receiveda share of profit BONUS
    51. 51. =-N4&,($.-&.8COMPETENCE
    52. 52. S4&N4&, ROI($.-&.8 ?COMPETENCE
    53. 53. BONUS
    54. 54. T*)UF*(8, +U$-6
    55. 55. T*)UF*(8,ROI +U$-6=-).-&$B*&$-,%5%&.7, 8.%-!&,F(U
    56. 56. L($).V1000! ROI
    57. 57. L($).V2000! ROIIn order toreach their goalfirm couldincrease pricewithout increase productivityif demand is anelastic
    58. 58. L($).V2000! ROIIn order toreach their goalfirm couldincrease pricewithout increase productivityif demand is anelastic
    59. 59. If one firm share a part of new profitsROI the real wage of employee increases MH*&,H*NN.-%, FH.-,.B.(5, A(7%,8,$&O
    60. 60. ROI ROI ROI ROI INFLATION
    61. 61. ROI ROI ROI ROIREAL WAGE DOESN’T INCREASE
    62. 62. W">G4*+$%$-6,.)-7$),.+.7.-&
    63. 63. WAGE WAGE WITH WITHOUT DECENTRALISEDDECENTRALISED BARGAINING BARGAINING SOCIAL EQUITY
    64. 64. WAGE WITHOUTDECENTRALISED BARGAINING WAGE WITH DECENTRALISED BARGAINING SOCIAL EQUITY
    65. 65. WAGE +EQUALISING WAGE WITH ECONOMIC DECENTRALISED ELEMENT BARGAINING SOCIAL EQUITY
    66. 66. W"0>G4*+$%$-6,.)-7$),.+.7.-&"!"#$%&(
    67. 67. S4&N4&, ECONOMIC CYCLE($.-&.8 ? EQUALISING ECONOMIC SKILLS ELEMENT
    68. 68. T*)UF*(8, +U$-6
    69. 69. EQUALISING ECONOMIC ELEMENT
    70. 70. TodayBased on 4 previous years
    71. 71. Supply after 3 years(at the end of the contract validity)
    72. 72. DECENTRALIZED BARGAINING Fiscal incentivesCost of bargain for the firm
    73. 73. EQUALISING ECONOMIC ELEMENT Fiscal incentivesAbsence of bargain cost for the firmBargain at national level
    74. 74. UNILATERAL INDIVIDUAL BONUS Fiscal incentives Without bargainNo minimum bonus
    75. 75. EQUALISING UNILATERALDECENTRALIZED ECONOMIC INDIVIDUAL BARGAINING ELEMENT BONUS EXCLUSION OF UNIONIZATION
    76. 76. 1"!X+&.(-*&$B.,$8.*%")*+&*,-./,-#*0(1(,&2
    77. 77. BONUS
    78. 78. BONUSVALUTATION SKILLS
    79. 79. @(F*(8,+U$-6
    80. 80. 1"0X+&.(-*&$B.,$8.*%"345/%-(-*60&+#*#-+0&%&&*,2
    81. 81. TodayBased on 4 previous years
    82. 82. Supply today
    83. 83. @(F*(8,+U$-6
    84. 84. !;"L*&&,%)$*+.,N.(,+*,N(84&&$B$&Y,.,+*,)(.%)$&*
    85. 85. ICT COMPLEMENTARITYNEW WORK ORGANIZATIONPRACTICIES CHANGE
    86. 86. GOVERNMENT COOPERATIONEMPLOYERS’ UNION LABORFEDERATION
    87. 87. GOVERNMENT SIGN A PROTOCOL AT NATIONAL LEVELEMPLOYERS’ UNION LABORFEDERATION
    88. 88. GOVERNMENTAS EMPLOYER FOR PUBLIC SECTOR: IMPLEMENT NEW WORK PRACTICES AND NEW FORM OF ORGANIZATION GIVE FISCAL INCENTIVESONLY TO FIRMS THAT ADOPT THEM
    89. 89. GOVERNMENT SIGN A PROTOCOL AT NATIONAL LEVELEMPLOYERS’ UNION LABORFEDERATION
    90. 90. EMPLOYERS’ FEDERATION IMPLEMENT NEW WORK PRACTICIES ANDNEW FORM OF ORGANIZATION BARGAIN OF OBJECTIVE
    91. 91. GOVERNMENT SIGN A PROTOCOL AT NATIONAL LEVELEMPLOYERS’ UNION LABORFEDERATION
    92. 92. UNION LABOR COOPERATION AT FIRM LEVELIN ORDER TO INTRODUCE NEW PRACTICIES AND OBTAIN FISCAL INCENTIVES
    93. 93. !!"Z-)+4%$-%
    94. 94. !"Q,%$7$+*(,&,!12,*6(..7.-&"D.%-!&,$7N(B.,N(84)&$B$&5
    95. 95. 0">G4*+$%$-6,.)-7$),.+.7.-&,8$%)4(*6.%,8.).-&(*+$%.8,9*(6*$-$6
    96. 96. 2"M(%&,$-8./*&$-,%5%&.7,
    97. 97. @(7,)-&(*N%$&$-,&,)N.(*&$-"7/,,#0(#+-/%&07&"0%/07"#85,,-.-,90&0%/0+"&(+-,/

    ×