Half a million employees stand to benefit from a projected wage increase of 1.49% next year under the Paritary Committee 200 (CP 200), HR service provider SD Worx has announced.
The exact figure will only be known at the end of this year.
The increase results from automatic indexing linked to rising living costs. “The wage increase for CP 200 workers is predicted to be 1.49%,” said Jean-Luc Vannieuwenhuyse, a legal expert at SD Worx. He suggested this signified a return to normalcy following last year’s significant indexation.
In January, employees’ wages rose by 11.08% due to record inflation. Inflation dropped to 0.36% in October, its lowest level since January 2021. However, the pivot index was exceeded this month for the first time since November 2022.
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“This means social allowances and salaries in several social sector companies, such as hospitals, childcare, rehabilitation centres, home care services, and adapted work companies, will increase by 2% in November,” added Vannieuwenhuyse.
“The pivot index overshoot will also affect flexi-jobbers, who too will see wages indexed in November,” he added.