AM
Arendt & Medernach
About Arendt
Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.
-Legal & Tax
-Regulatory & Consulting
-Investor Services
Legal & Tax
We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.
Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.
The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas
As of 1 May 2025, the index applicable to salaries increases from 944.43 to 968.04. This index increase means a mandatory 2.5% increase in gross salaries paid under employment contracts that are subject to Luxembourg law.
Luxembourg
Employment and HR
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As of 1 May 2025, the index applicable to employees will be
increased from 944.43 to 968.04.
This index increase means a mandatory 2.5% increase in gross
salaries paid under employment contracts that are subject to
Luxembourg law.
Salary indexation is an automatic measure that is used to adjust
salaries in line with fluctuations in the cost of living determined
by STATEC.1 Therefore, salaries will automatically
increase as the consumer price index has risen by 2.5% over the
previous six months. The objective of this measure is to use a
salary increase to compensate employees for their loss of
purchasing power due to inflation.
On 1 May 2025, the gross minimum salary for workers will
therefore increase by 2.5% as follows:
Footnote
1. National Institute of Statistics and Economic
Studies.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
