Wage indexation - January 2024
On 1 January 2024, a new wage indexation came into effect in Luxembourg: index 944,43, social minimum wage 2.570,93 € (unqualified) and 3.085,11 € (qualified).
Details
- Year: 2024
- Month: January
- Valid from: January 1, 2024
- Index: 944,43
-
18 years and over, unqualified:
- Social minimum wage referenced to index 100: 272,22
- Social minimum wage: 2.570,93 €
- Minimum hourly wage: 14,8609 €
-
17 - 18 years:
- Social minimum wage referenced to index 100: 217,78
- Social minimum wage: 2.056,74 €
- Minimum hourly wage: 11,8887 €
-
15 - 17 years:
- Social minimum wage referenced to index 100: 204,17
- Social minimum wage: 1.928,20 €
- Minimum hourly wage: 11,1457 €
-
18 years and over, qualified:
- Social minimum wage referenced to index 100: 326,66
- Social minimum wage: 3.085,11 €
- Minimum hourly wage: 17,8330 €
* 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.