That sounds good.
In a new year something always changes. This also applies to your pay slip. Because guess what? Your net salary will be higher! So good news.
The first paycheck
The first salary of the year has almost arrived, or perhaps you are one of the lucky ones who has already received the salary. Although it is always nice to receive your paycheck, this month it is extra nice. This way, everyone who is employed will benefit. People with an average income receive an average of 70 to 80 euros more, says chief economist at ING Marieke Blom in Goedemorgen Nederland. People with minimum wages who work full-time can expect an even higher increase, of around 260 euros. “The pay slip shows the effect of policy,” Blom explains.
Sounds a bit complicated, but for this you have to think about things such as how much tax you pay and how much pension premium you pay. Would you also receive an increase according to your collective labor agreement? Then that is not yet possible. “It is purely what the policy was agreed on Budget Day and before,” Blom explains about the net increase in wages. The collective labor agreement increase is therefore on top of this. “Last year we saw an average collective labor agreement increase of 7.3 percent. We expect it to be between 4 and 6 percent this year.”
Inflation compensation
You don’t have to be a chief economist yourself to conclude that life has become a lot more expensive in recent years. The increase in wages is therefore related to the high inflation that we had to deal with. It currently appears that inflation is increasing less rapidly. This is partly because the price increase for energy is not that strong this year. “We think inflation will be between 1 and 2 percent this year.”
Source: Marie Claire, WNL | Image: Adobe Stock