Luxembourg:
Wage Indexation 1st April 2022
04 April 2022
ELVINGER HOSS PRUSSEN, société anonyme
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On Wednesday 30 March 2022, the National Institute of Statistics
and Economic Studies ("STATEC")
confirmed that the triggering threshold of 2.5% for automatic wage
indexation has been exceeded.
Subject to final confirmation and the detailed results of the
national consumer price index to be published on 8 April 2022
following the monthly meeting of the Index Commission, the new
index rate of 877.01 points will be effective as of 1 April 2022
(former index rate: 855.62).
Consequently, a 2.5% increase in the salaries, wages and
pensions will apply in Luxembourg as of 1 April 2022.
The gross monthly minimum statutory wage will hence be increased
by 2.5% so to be fixed at EUR 2,313.37 for non-qualified employees
and to EUR 2,776.06 for qualified employees.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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