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Individual Salary Negotiation Better For Workers

Chad Brooks

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Posted: 8 Aug 2013 10:08:28 AM

A recent study conducted by the University of Copenhagen revealed that employees and employers are better off when salaries are negotiated individually. The study showed that employee's average salary increases more when employers and employees negotiate on an individual basis, without a collective-bargaining agreement. The study revealed that over a 10-year period, the individually negotiated salaries were 5% higher.

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