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Variable Pay and Collective Bargaining: A Cross-National Comparison of the Banking Sector

Author

Listed:
  • Franz Traxler

    (University of Vienna)

  • Jim Arrowsmith

    (University of Warwick)

  • Kristine Nergaard

    (Fafo (Institute for Labour and Social Research in Oslo))

  • Joaquim M. Molins López-Rodó

    (Autonomous University of Barcelona)

Abstract

This article analyses the challenge of variable pay to collective bargaining, based on a cross-national comparison that takes banking organizations in Austria, Norway, Spain and the UK as representatives of Europe's principal bargaining systems. The hypothesis is that the capacity of collective bargaining to govern variable pay varies with the bargaining system. As the findings show, articulated multi-employer bargaining is more able to govern variable pay than its unarticulated counterpart and single-employer bargaining. Within the case of articulated multi-employer bargaining, single-channel systems of employee workplace representation are superior to dual systems, all the more since the former equip the unions with selective incentives for membership.

Suggested Citation

  • Franz Traxler & Jim Arrowsmith & Kristine Nergaard & Joaquim M. Molins López-Rodó, 2008. "Variable Pay and Collective Bargaining: A Cross-National Comparison of the Banking Sector," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 29(3), pages 406-431, August.
    • Handle: RePEc:sae:ecoind:v:29:y:2008:i:3:p:406-431
    DOI: 10.1177/0143831X08093376
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    References listed on IDEAS

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    1. Paul Smith & Gary Morton, 2006. "Nine Years of New Labour: Neoliberalism and Workers’ Rights," British Journal of Industrial Relations, London School of Economics, vol. 44(3), pages 401-420, September.
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    Cited by:

    1. Barbara Bechter & Nils Braakmann & Bernd Brandl, 2021. "Variable Pay Systems and/or Collective Wage Bargaining? Complements or Substitutes?," ILR Review, Cornell University, ILR School, vol. 74(2), pages 443-469, March.
    2. Jon Erik Dølvik & Kristine Nergaard, 2012. "Variable pay, collective bargaining and trade unions: A comparison of machinery and banking companies in Norway," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 33(2), pages 267-293, May.
    3. Mark Williams, 2018. "Understanding variation in the efficacy of financial participation across Europe: The role of country-level factors," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 39(2), pages 195-227, May.

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