Thursday, 28 January 2021
Belgians’ gross salary increased on average by 1.8% in 2020, SD Worx said on Thursday.
That figure includes indexations and pay raises and is based on salary data of more than 450,000 full-time employees.
The median – the amount in the middle, with 50% of employees earning less and 50% earning more – amounts in 2020 to €2,916 gross per month for a full-time worker, with gross pay varying according to function, sector, region and company size.
Another finding is that variable pay is increasing in prominence, but the amount of cash bonuses, commissions and bonuses is decreasing by 15 to 20%, except for business development roles.
At the beginning of 2020, on average, more than 45% of private sector employees received variable pay. In companies with more than 1,000 employees, this figure drops to 35%.
“Employers continue to look for and invest where necessary in new solutions such as home-working allowances, home-delivered gift packages, ergonomics and home comfort,” said Katleen Jacobs of SD Worx.
“They continue to adapt in order to pay their employees with a balanced pay policy in line with the market.”
The Brussels Times