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Wages: bad news for Belgians

  • Post category:Economy News
  • Reading time:4 mins read

With the salary margin of -5.9%, there will be no salary increase to negotiate in the coming years.

Reading time: 2 mins

Lhe G10 meets this Thursday evening. Bosses and unions must agree on the distribution of the welfare envelope. And, if the debates evolve well (the positions would have come closer), it will also be a question of salaries. Indeed, according to our information, the Central Economic Council has made good progress in its calculation of the maximum wage margin, the formula of which is set in the law of 1996 reformed in 2017. It calculates the situation of Belgian wages in relation to that in the three neighboring countries and sets the highest increase that the social partners can negotiate. A figure circulates: – 5.9%. He could still move a little… at the margin.

“It’s an open secret”, they say among the social partners. This negative margin will lead to a zero wage standard and no wage increase to be negotiated during the next interprofessional agreement (AIP). Noah! What relieve employers worried about the simultaneous rise in energy prices and remuneration subject to indexation. What anger the unions. In particular, they denounce a biased calculation: the figures used to set the level of payslips in Belgium, France, Germany and the Netherlands are not based on the same bases. In Belgium and France, the data are stopped in the third quarter of 2022; in the two other countries, we worked on the basis of previous figures.