Salaries: here is the date of the next indexation and the people who will be affected

Salaries: here is the date of the next indexation and the people who will be affected

The pivotal index will be exceeded once again this year, according to the Bureau du plan. Some salaries will be indexed soon, but also in 2023.

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Lhe Bureau du plan expects the pivot index to be exceeded once more this year, and December, and twice in 2023, in February and July. The indexation of social allowances and wages in the public service will therefore be indexed the two months following the overrun of the central index.

The annual inflation rate should rise to 9.4% in 2022 and 6.5% in 2023, while the increase in the “health index”, which is used, among other things, to calculate wage indexation , social allowances and rents, would reach 9.1% in 2022 and 7.0% in 2023, announced the Planning Office in its latest inflation forecasts.

The last crossing of the pivot index only dates back to last July. Consequently, social benefits and salaries in the civil service were increased by 2%, respectively in August and September. This year, the central index has already been exceeded three times: in February, April and July.

The Planning Bureau will publish its next inflation forecasts on 4 October.

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Who will benefit from the indexation of more than 10%? The sectors where wages are indexed once a year, often from January, such as the CP200 (Joint Commission), which has nearly 60,000 companies and 500,000 employees, are heading towards an indexation of more than 10% in January 2023, according to an estimate Tuesday by the human resources company SD Worx.

This estimate comes after the publication of inflation figures in Belgium in August, which reached 9.94%, a first since 1976. Inflation based on the health index increased by 9 .07% in July to 9.70% in August.

“A forecast does not offer any certainty, but it is already clear that the high inflation of the past and coming months will lead to wage indexations of unprecedented speed and magnitude. Compared to the last 10 to 15 years, the normal indexation rate was on average less than 2% per year,” SD Worx said in a press release.

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In addition to CP200, for which future indexation is currently estimated by SD Worx at 10.03% on 1 January, indexation should also exceed 10% in the hotel and catering industry (CP 302), the food industry ( CP 118 and 220), road transport for third parties (CP 140.03) and international trade, transport and logistics (CP 226).

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