Under the influence of high inflation, more than 400,000 white-collar workers in our country will see their wages rise sharply in January. HR service provider SD Worx expects an increase of 2.32 percent.
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The employees are part of joint committee 200, the largest group of employees in our country. Their wages are indexed on 1 January each year. Technically speaking, it is not a question of storage, but an adjustment of wages to the lifespan. For employers, it does mean an increase in the total wage costs.
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The indexation of wages in our country differs from sector to sector. For some sectors this happens almost monthly, for others quarterly, semi-annually or annually. And in the public sector, this is linked to exceeding the so-called pivot index. This was exceeded by high inflation in August – earlier than expected – causing public sector wages to rise 2 percent in October.
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Inflation in Belgium stood at 2.86 percent in September, the highest level since February 2017. Rising energy prices in particular have been pushing inflation higher for months.
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