Belgium Mandatory Salary Increase 2024. As we enter q4, finance experts are looking to see the rates expected for 2024. Half a million employees to get 1.49% wage hike in 2024.
The january 2024 annual indexation rates are much lower than last year or in 2022. Half a million employees stand to benefit from a projected wage increase of 1.49% next year under the paritary committee 200 (cp.
In 2023, The Indexation Is Gigantic High, The Largest In The Last 50 Years.
One million employees in belgium are expected to receive an automatic pay raise of 11.59% on january 1st 2023 due to record inflation in the country, hr services provider sd worx said on.
As We Enter Q4, Finance Experts Are Looking To See The Rates Expected For 2024.
Each year in january, there is wage indexation for blue collar employees and white collar employees working in private sector industries in belgium.
Please Visit This Page To See The Index Increase.
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For 2023, Wage Costs Will Rise By 7.9%, Followed By Another 4.3% In 2024.
Each year in january, salaries are adjusted to the cost of living for employees of companies subject to joint industrial committee 200 (jic 200).
This Implies In Practice That The Gross Salaries Will Be Increased With 1.48% As From 1 January 2024 Onwards.
Indexation forecast january 2024 jic 200.
On 1 January 2023, Companies In Belgium That Fall Under Business Sector Committee No.