international employment law firm alliance L&E Global

Luxembourg: Increase to Minimum Wage as from 1 January 2021

Draft bill No 7719 modifying article L.222-9 of the Labour Code: Increase to Minimum Wage as from 1 January 2021

Draft bill No 7719 will increase the minimum wage by 2.8% from 1 January 2021, which means an increase to EUR 2,201.93 for unqualified workers and to EUR 2,642.32 for qualified workers (before taxes). The tax exemption of the settlement indemnity following a termination will be EUR 26,423.16 (before taxes). The raise is based on the general increase of the average salaries in 2018 and 2019.

 


For more information on these articles or any other issues involving labour and employment matters in Luxembourg, please contact Christian Jungers (Partner) of KLEYR | GRASSO at christian.jungers@kleyrgrasso.com or visit www.kleyrgrasso.com.