In a press release dated 31 January 2023, STATEC (Luxembourg’s national institute of statistics and economic studies) announced that wages would be indexed on Wednesday 1st February 2023.
According to the provisional results published by STATEC, the annual inflation rate for the national consumer price index (“indice des prix à la consommation national” or IPCN) was 4.8% for January. The new sliding wage scale index for salaries is now 898.93 points and comes into force on 1st February 2023, resulting in a 2.5% rise in wages, 2.5% rise in wages, salaries and pensions on this date..
The final results for the national consumer price index for January will be published on 10 February 2023.
In addition, the salary index as of 1st February 2023 affects the different thresholds and limits stipulated by law, summarised in the table below :[1] :
| Starting from 1st February 2023 (amounts gross, index 898.93) : | |
|
Monthly social minimum wage (SSM) (art. L. 222-9 and L. 223-1 of the Labour Code)
|
2.447,07.- EUR (non-qualified employee) 2.936,48.- EUR (qualified employee) |
(art. 115 al. 1 point 9 de la L.I.R.)
|
Automatically exempt from tax up to
28.648,80- EUR (unchanged)
(12 x the SSM for non-qualified employees applicable on 1 January in the taxation year)st January of the tax year)
|
|
Starting minimum monthly wage required to apply a trial period of 7 to 12 months (art. L.121-5 (2) of the Labour Code)
|
4.818,26.- EUR |
|
Minimum gross annual salary required at the end of the contract to apply a non-competition clause after the end of the employment contract (art. L.121-8 (2) of the Labour Code)
|
+ de 61.280,69.- EUR |
[1] The above amounts are provided for information purposes and are subject to official confirmation.
