Indices of hourly wages
4th Quarter 2012
Index of gross hourly wages of male workers in industry, aged 21 or more
To a significant extent, the evolution of labour costs influences our economy’s competitiveness. It is therefore of utmost importance to chart this evolution quickly and accurately. Until recently Statistics Belgium has published the results of two different statistics on this topic. In addition to the Index of Hourly Wages, which calculates the evolution of wages and salaries through interviews among enterprises, Statistics Belgium also disseminates the results of the Labour Cost Index.
Compared to the Index of Hourly Wages the Labour Cost Index offers many advantages:
The Labour Cost Index is calculated based on administrative files, which means that these statistics fully respond to the need for administrative simplification.
The Labour Cost Index integrates data of nearly all employees, irrespective of their professional status, sex or sector of work. This allows the results to paint an extremely representative picture of the actual situation.
In addition to the evolution of wages and salaries, the total labour cost is also put under the microscope.
Since the Labour Cost Index is organised in all European countries, these statistics allow a comparison between the evolution in Belgium and in the neighbouring countries.
With these advantages in mind, Statistics Belgium has decided from 2013 onward to only maintain the Labour Cost Index. The Index of Hourly Wages will therefore no longer be updated.
The Labour Cost Index can be consulted through the following link: http://statbel.fgov.be/nl/statistieken/cijfers/economie/indicatoren/loonkost/ . Question can always be sent to firstname.lastname@example.org. Finally, the table below contains the increase in percent of hourly wages in industry compared to the fourth quarter of 2012. These figures most closely match the scope of the Index of Hourly Wages.
How to use this table? For example, you would like to know the evolution of wages and salaries in industry since the last quarter of 2010. The table below lists a figure of 5.94% for the quarter ‘2010Q4’. The average hourly wages in industry between 2010Q4 - 2012Q4 have therefore increased by 5.94%.
Q1 = January, February and March
Q2 = April, May and June
Q3 = July, August and September
Q4 = October, November and December