Table 3 Percentage of firms having cut non-base wage components in 2010–2013 by sector and size
Unconditional | Conditional on having faced | |||
|---|---|---|---|---|
Negative shocks (either strong or moderate) | At least one strong negative shock | Only strong negative shocks | ||
Sector | ||||
Manufacturing | 10.7 | 16.1 | 24.0 | 40.1 |
Electricity, gas | 3.6 | 6.6 | 29.5 | |
Construction | 15.0 | 20.0 | 28.2 | 43.8 |
Trade | 14.8 | 20.5 | 23.6 | 41.2 |
Business service | 13.3 | 17.6 | 25.0 | 40.3 |
Financial intermediation | 18.2 | 31.4 | 37.8 | 64.6 |
Size | ||||
5–19 employees | 12.7 | 16.3 | 22.9 | 39.6 |
20–49 employees | 11.9 | 16.7 | 25.7 | 38.6 |
50–199 employees | 12.0 | 16.6 | 23.6 | 36.5 |
> 200 employees | 14.1 | 20.7 | 27.1 | 48.5 |
Non-euro area | 12.3 | 26.1 | 33.4 | 39.3 |
Euro area | 13.4 | 22.2 | 30.5 | 35.2 |
Collective agreement | 14.4 | 23.1 | 30.6 | 33.6 |
No collective agreement | 11.2 | 22.1 | 30.0 | 39.0 |
Wage index. on inflation | 10.8 | 19.4 | 28.6 | 29.7 |
No wage indexation | 13.2 | 22.5 | 30.7 | 33.6 |
Total | 13.0 | 18.2 | 25.0 | 41.4 |