Wage indexation in Luxembourg - May 2024
Discover the social parameters for 2024, including the current salary indexation. Find all the details on Salary.lu.
Details
- Year: 2024
- Month: May
- Valid from: January 1, 2024
- Index: 944,43
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18 years and over, unqualified:
- Minimum reference wage at index 100: 272,22
- Minimum monthly wage: 2.570,93 €
- Minimum hourly wage: 14,8609 €
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17 - 18 years:
- Minimum reference wage at index 100: 217,78
- Minimum monthly wage: 2.056,74 €
- Minimum hourly wage: 11,8887 €
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15 - 17 years:
- Minimum reference wage at index 100: 204,17
- Minimum monthly wage: 1.928,20 €
- Minimum hourly wage: 11,1457 €
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18 years and over, qualified:
- Minimum reference wage at index 100: 326,66
- Minimum monthly 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.
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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.