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Contractual wages and salaries - Q4 2024

The index of wages according to the national collective bargaining agreement measures the evolution of wages and salaries (per employee or per hour) determined by contractual provisions set by collective agreements; the indices are calculated with reference to the fixed employment structure of the base period (December 2021).  

At the end of December 2024 the coverage rate (share of national collective agreements in force for the wage setting aspects) concerns 49.2% of employees – about 6.4 million – and 47.3% of the total amount of wages. 

In December 2024 the contractual wage index is influenced by the advance payment of an amount paid in December 2023 for public sector employees.

In December 2024 the hourly index and the per employee indices increased by 0.1% from the previous month.

Compared with December 2023 the hourly decreases by 0.6% and the per employee indices decreased by 0.7%.

On average in 2024, the hourly indicex grew by 3.1% and the per employee index increased by 3.0% compared to 2023.