ABSTRACT
In December 2010, during the first stages of the economic adjustment in Greece, total employment amounted to 4.3 million, of which 2.7 million were in salaried and wage employment. For the one million employed in the public sector, collective agreements were frozen and annulled in March 2010, and in 2011, their wage-setting was removed from the jurisdiction of collective bargaining (Ioannou 2016: 299). Only the 1.7 million salary and wage earners employed in the private sector had the right to determine their pay through collective bargaining. This chapter explains how, after eight years of adjustment and reforms, the relationship between collective bargaining and wage determination has been subjected to radical changes affected by, and evolved under, the new regulatory framework for collective bargaining. Moreover, it explores the changing collective bargaining structure and its underpinning rationale as well as its impact on wage levels and relativities.
