Expatica news

Dutch salaries increase faster than inflation

AMSTERDAM –  This means salaries increased faster than inflation at 2.5 percent.

People working in the entertainment and service sectors benefited most with pay rises of 4 percent. The lowest pay rises were in the catering sector, with employees only gaining 2.3 percent more money. Government pay packages saw increases of 3.3 percent, partly due to end of year bonuses.

Pay rises do not necessarily lead to higher purchasing power, primarily because part of the pay package is withheld in premiums for pensions and social security, say Statistics Netherlands.

Every spring in the Netherlands, discussions are held on pay and conditions between the social partners (employers’ organisations and unions), in the hope of preventing wage conflicts and strikes.

Radio Netherlands/ Expatica