Belgium - Wage increase 1.2% in 2016 - August 31, 2016

A consultancy firm has quizzed 713 businesses employing over 160,000 people to gain insight into the wage picture. So far, wages increased 1.2% on average in 2016. The rise occurred in spite of the government's decision to put the index out of action. Only 11% of businesses said that they had not awarded any pay increase whatsoever. In the same period, bonuses even rose 1.6%. The figures are striking given the index freeze and the 0.8% wage restraint norm in 2016. However, the 1.2% wage increase remains the lowest since 2009. Many companies are sidestepping wage restraint by offering bonuses instead. Today one in two employees is on variable remuneration. Six out of ten employees qualify for a bonus.

English: http://deredactie.be/cm/vrtnieuws.english/News/1.2712421

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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