Indexation forecast JIC 200 January 2019
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. More specifically, 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 within the scope of this Joint Industrial Committee.
Based on current forecasts, we expect that the indexation percentage for January 2019 will be approximately 1,85%.
We will inform you as soon as the exact indexation percentage is known (early January 2019).
