2.5% more gross starting Thursday. Though nothing to celebrate. Inflation reached 6.1% in March
[RTL Today – Indexation: Salaries to rise by 2.5% in Luxembourg from 1 April](https://today.rtl.lu/news/luxembourg/a/1889992.html)
2.5% more gross starting Thursday. Though nothing to celebrate. Inflation reached 6.1% in March
[RTL Today – Indexation: Salaries to rise by 2.5% in Luxembourg from 1 April](https://today.rtl.lu/news/luxembourg/a/1889992.html)
10 comments
How does this work if you already had a raise this year? Do you get another 2.5% on top?
Only for 1 month?
Is this frequent indexation adjustment normal during inflation times in Luxembourg?
I have no idea since I’ve been working here for about one year only.
Nice! Thank you for sharing!
The country is quickly becoming very unaffordable to small start-up companies (if it wasn’t already). It’s very hard to explain constant across-the-board salary increases, unrelated to performance/work reasons, but out of government compliance reasons, to investors and such. At C-levels this 2.5% corresponds to money that could have been used to drive actual business growth
Edit: even within big organizations this is creating envy/jealousy situations between employees from different branch offices. Someone told me last week. He’s already seeing colleagues planning to move to Luxembourg because indexation-linked salary increases beat that of their own branches’ performance-linked increase. Suddenly colleagues going on vacation to Luxembourg for a weekend etc. in reality they’re just canvassing to relocate
I work in Kirchberg, and I negotiated a good raise in mid Feb, and this was before my boss new about the indexation. Now she is saying that my new salary should include this indexation (so I won’t get 2.5% increase). This essentially means, when the indexation comes into effect, I will get a pay decrease, so that my new raise doesn’t get further increased by 2.5%. Is this normal?
I will start a contract at 2nd May with a 48k per year salary. Does this index increas affect my salary ?
And the second index that was for August got killed.
And I believe they set a max number of indexes per year to 1. So we are fucked for the foreseeable future.
Well fucked..I mean we will buy less and more expensive
I’m not good with it the topic of economy, can someone tell me at what point the EU would have to changes things because the Euro is inflating too much? What can you do to “deflate” the euro instead of just raising salaries too match the prices? Just curious.
Woohoo, now I’m only 3,6% at loss!