Luxembourg: Wage indexation on 1st February 2023

The wage index has increased from 877.01 points to 898.93 points as of 1st February 2023, resulting in an increase in the minimum social wage and the adjustment of certain thresholds and ceilings provided for by law.

The new gross amounts (in euros) are as follows:

As from 1st February 2023
Age	%	Gross hourly wage	Gross salary base index 100	Gross monthly salary
18 and over unqualified	100	14.1449	272.22	2,447.07
from 17 to 18	80	11.3161	217.78	1,957.65
from 15 to 17	75	10.6087	204.16	1,835.30
18 and over qualified	120	16.9739	326.66	2,936.48

 

 

As from 1st February 2023
Minimum monthly starting wage required to apply a trial period of more than 6 months to 12 months	4,818.26
Minimum gross annual salary required at the time of the employee’s departure from the company to apply the non-competition clause	61,280.69
Monthly flat rate for the costs of teleworking in the banking sector	26.97

 

The amount for the tax exemption limit for the settlement agreement indemnity, the voluntary indemnity in case of resignation or termination by mutual agreement, being calculated on 1st January of the concerned year, is still EUR 28,648.80 gross (index 877.01).

The next wage index increase (postponed of the increase of summer 2022) will happen on 1st April 2023.