Reforms to the labour market, including national wage-setting mechanisms, should take into account national practices of social dialogue and collective bargaining, as well as the autonomy of the social partners, with a view to providing fair wages that enable a decent standard of living, including in retirement, sustainable growth and upward socioeconomic convergence. Such reforms should allow for a broad consideration of socioeconomic factors, including improvements in sustainability, competitiveness, innovation, the promotion of quality jobs, fair working conditions, democracy at work, gender equality, prevention and reduction of in-work poverty, quality education, training, and skills, public health, social protection and inclusion, demographic change and the promotion of supplementary pensions, as well as real incomes. The importance of social dialogue in tackling challenges in the world of work, including labour and skills shortages, was reaffirmed at the 2024 Val Duchesse Summit and in the Pact for European Social Dialogue signed in March 2025.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
