Wage indexation - March 2023
For 1 March 2023, salaries apply the social parameters effective since 1 February 2023 in Luxembourg: index 898,93, social minimum wage 2.447,07 € (unqualified) and 2.936,48 € (qualified).
Details
- Year: 2023
- Month: March
- Valid from: February 1, 2023
- Index: 898,93
-
18 years and over, unqualified:
- Social minimum wage referenced to index 100: 272,22
- Social minimum wage: 2.447,07 €
- Minimum hourly wage: 14,1449 €
-
17 - 18 years:
- Social minimum wage referenced to index 100: 217,78
- Social minimum wage: 1.957,65 €
- Minimum hourly wage: 11,3159 €
-
15 - 17 years:
- Social minimum wage referenced to index 100: 204,17
- Social minimum wage: 1.835,30 €
- Minimum hourly wage: 10,6087 €
-
18 years and over, qualified:
- Social minimum wage referenced to index 100: 326,66
- Social minimum wage: 2.936,48 €
- Minimum hourly wage: 16,9739 €
* Amounts are given in gross and based on a full-time employment of 40 hours per week.
Impact
Understanding the consequences of these adjustments is essential for both employees and employers. The goal is to maintain a harmonious balance in the cost of living and strengthen the well-being of the workforce.
Why not try Salary for yourself and see how easy payroll can be?
Evolution to date
Explore how wage indexation has evolved over time:
Keep track of these developments to gain a comprehensive understanding of the evolving social parameters in Luxembourg.