Luxembourg - Workers benefit from new wage indexation - August 31, 2023

The imminent implementation of the third wage indexation of the year signals promising news for employees and pensioners. As confirmed by the National Institute of Statistics and Economic Studies (STATEC), projections are aligning, setting the stage for the wage indexation to be applied to September or October salaries. The result will be a 2.5% increase in salaries and pensions. According to STATEC's calculations, salaries and pensions are set to experience a cumulative growth of approximately 7.7% within the current year. The momentum is expected to extend into 2024, with another wage indexation slated for implementation in the third quarter of the year.

Read on: in English…

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.

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