The minimum wage, known as the ‘Smic’, increased by 1.13% on 1 January 2024. As a consequence, the minimum gross hourly wage rose from the current level of € 11.52 to € 11.65.The decision to elevate the Smic has been based on a set of calculations factoring in the inflation rate in November, which touched a one-year high of 3.5%. However, the increase is notably lower than the 1.7% projected by a group of Smic experts.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.