“Wage costs increased by 9.1 percent last year” | Economy

“Wage costs increased by 9.1 percent last year” | Economy
“Wage costs increased by 9.1 percent last year” | Economy
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Last year, a company in Belgium paid an average of 27.44 euros in wage costs per hour actually worked, HR agency Securex calculated based on data from 20,847 companies. Compared to 2022, the amount increased by 9.1 percent.

Securex calculated the wage costs per hour by dividing the total annual wage costs by the number of hours worked by all employees, not only those in permanent employment but also flexible contracts such as student workers.

According to Securex, the increase in 2023 can be explained by wage indexations. The number of hours worked did not decrease.

Companies in Brussels had the highest average wage costs per hour worked at 31.45 euros, followed by companies in Flanders with 29.10 euros. In Wallonia the average amount was 25 euros.

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The article is in Dutch

Tags: Wage costs increased percent year Economy

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