- 04 Apr 2013
In its federal budget proposals, the government has announced a salary moderation for the period 2013-2014.At the end of last week, the council of ministers might have approved a Royal Decree that introduces this measure.
In practical terms this development means that the maximum increase of the salary costs will be set at 0% and that, as a consequence, only salary indexations and wage salary increases can be applied.
For the moment, other measures approved by the government with respect to salaries have not been revealed.
We will keep you informed about the further developments.
> Action point:
Take into account the limitations of the margin for remuneration costs when drafting a salary policy! It is advisable to think about alternatives.