As a result of the massive rise in inflation, most private sector employees will see their wages rise by an astonishing 11.59% in January. This is evident from the SD Workx estimate. As for the final percentage, we will have to wait for the indicators for November and December, assures Gert Vermeer of the HR service provider.
This pertains to the more than 500,000 white-collar workers who fall under the Joint Commission 200. Their wages are indexed each year on January 1. This year the index was already 3.58 percent.
Other wage earners will also get an annual indexation in January. This relates in particular to more than 143,000 employees in the catering industry (Joint Committee 302), about 100,000 in the food industry (118 and 200), more than 96,000 in the transportation sector (140) and about 55,000 in logistics (226). They will also see their wages rise by the same order of magnitude at the beginning of the year, although there are slight differences in the actual calculations.
a look. Inflation continues to rise to 12.3% so what does that mean for you?
In some sectors, the indicators are more gradual. For example, wages for workers in the construction sector (Joint Commission 124) are adjusted quarterly, while wages for health care workers (330) and white-collar workers in the chemical sector (207) are adjusted – just like civil servants – Indexed based on the pivot mechanism.
Inflation rate in Belgium rose to 12.27 percent in October, This is how the statistics agency Stabel announced today. This is the highest level since June 1975.
As a result, the pivot index is again exceeded, so that government benefits and wages rise again. It’s already the fifth time in a short time, after December, February, April and July. Additionally, another overshoot will follow this year.
Also review. Yesterday’s ECB summit decided to raise the three different interest rates by 0.75 percentage points. Inflation must cool off. Paul D’Hoore explains what a rate hike means for your wallet
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