Monday, April 17, 2006

Yawning pay gap in European Union

A yawning pay gap exists between rich and poor countries in the European Union, with German and Dutch workers earning six times more per hour than equivalent workers in Slovakia.

According to Pay in Europe 2006, a report published this month by the Federation of European Employers (FedEE), the top ten countries and territories in the European pay league are

1: Denmark, 2: Norway, 3: Switzerland, 4: Liechtenstein, 5: Luxembourg, 6: Germany, 7: Guernsey (Channel Islands), 8: Isle of Man, 9: The Netherlands and 10: Finland.

At the bottom of the league table are 44: Albania, 45: Ukraine, 46: Bulgaria, 47: Belarus and 48: Moldova.