Belgium salary indexation increase for 2024

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Remote is part of Belgium's largest sector, Joint Industrial Committee 200 (JIC 200), which represents 60,000 companies and 500,000 employees.

Every January, salaries for employees under Joint Committee 200 are adjusted to the cost of living. The indexation percentage is calculated based on the estimated inflation rate for the coming year, using the previous year's data.

Update as of November 2023

Starting January 1, 2024, all employees in Belgium are projected to receive an estimated 1.5% gross salary increase, as per the latest forecasts. The final indexation percentage will be announced shortly.

Please visit this page to see the index increase history since 2006.

Frequently Asked Questions

  • Can customers choose not to apply this indexation? No, this is mandatory and automatic. It applies to all active employees in Belgium.

  • How is the expected percentage calculated? The expected percentage is calculated based on forecasts that take into account inflation and the increase in the cost of living in Belgium over the past year.

  • When will the final percentage be communicated? We will communicate the final percentage to all customers and employees as soon as it is determined, typically in late December.

  • Is any action required from employees and/or customers?

    No, as this is a mandatory and automatic indexation, no action is required including the Employment Addendum. We will send an email to update employees' salaries for compliance purposes.

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