Salary distribution in Belgium is dependent on several factors. Low, medium, and high-income earners are differentiated by education level, gender, experience, and government/private sector employees. Different cities in Belgium offer different salaries depending on the living standard and cost of living.
The lowest salary earners pocket EUR 3420, and the highest earners have a paycheck of EUR 9780. Middle-salary earners have a paycheck of EUR 5920, which means half of the employees lie in this range
There is another class of employees called the percentiles, which earn EUR 4200 and EUR 7540 for lower and higher percentiles. This salary range includes all allowances and benefits that an employee receives.
Factors considered when designing salary ranges:
The more years you spent in IT departments, the more the paycheck. Employees who have experience of up to 5 years earn 32%, while those with ten years of experience pocket 36% more than their juniors on average. Employees who have crossed 15years of experience receive 21% more than their juniors, and the luckiest are the seniors who have over 20 years of experience.
It is practical for employees to have a similar experience but different education levels doing the same job. Higher education level translates to a more significant monthly share and vice versa. Diploma and certificate holders receive 17% more than high school leavers, while degree holders get 24% higher than diploma employees.
Masters and Ph.D. employees receive 29% and 23% more than the juniors, respectively. Intelligent employees in Belgium invest in education as anyone with a post-graduate degree pockets a handsome salary.
Like any other sector, the feminine gender is sidelined by their male counterparts. Similarly, when it comes to working output, males are more productive than the feminine gender. The difference in the ability level is transferred to salaries and wages. Men receive EUR 6330 while women receive EUR 6000, which is 6% less than men.
Belgium cities offer different salaries depending on the geographical location. Royal Antwerp, Bruges, and Brussels are to three cities that offer the highest salaries and wages. Government employees are more salaried than private-sector workers.
Salary increment per year
IT professionals in Belgium receive a 9% increase in salary after every 16 months. However, this increment is general to all employees, and salary increment depends on several other factors. Employee’s accountability and performance towards the company’s success will determine when and how much is added to your paycheck. All employees are entitled to a 6% annual increase.
All sectors have different increment rates. Banking, education, and health care have 3%; travel and energy have 6%; information and technology are at the top with a 9% increment rate. The global salary increment is 3% after 16 months.
Companies award employees different types of bonuses; holiday, goal-based, company performance on the market, and employee performance.
IT hourly wage
Belgium companies provide an average hourly wage of EUR 36. Employees who are paid on an hourly basis are less disadvantaged than their counterparts who are permanently employed.
To wrap up, the salary and wages discussed in this paper are generally applicable to all employees. Employees need to take an extra step to further their education to received salary increments.