Indexation forecast January 2020 JIC 200
Each year in January, salaries are adjusted to the cost of living for employees of companies subject to Joint Industrial Committee 200 (JIC 200). In Belgium, this is referred to as the indexation of salaries.
Indexation is the mechanism whereby salaries are linked to the consumer prices index. The monthly salary is more specifically 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.
Based on current forecasts, we expect that the indexation percentage for January 2020 will be approximately 0,95%.
We will inform you once the exact indexation percentage is known (early January 2020).