Salary indexation JIC 200 January 2018

Each year in January, salaries are indexed for employees of companies subject to Joint Industrial Committee 200 (JIC 200).

Indexation is the mechanism whereby salaries are linked to the consumer prices index. More specific, the monthly salary is increased by a percentage equal to the inflation rate of the previous calendar year. The indexation system as foreseen by JIC 200 is applicable to all employees falling under the scope of this Joint industrial Committee.

The percentage of the indexation for January 2018 amounts to 1.83 %.

Example: An employee’s gross salary amounts to € 2,500.00 in December 2017. His new monthly gross salary as from January 2018 will be equal to € 2,545.75 (= € 2,500.00 x 101.83%).

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