Labor Agreement for the banking sector
Signed on 1st August, the new Collective Labor Agreement for the banking sector has emphasized the employability of employees through training and rewards the loyalty and commitment of employees.
New regulations regarding trial periods for fixed term contracts
Until now, the Labor Code applied the same regulations on trial periods to CDD as to permanent employment contract (Contrat à durée indéterminée – CDI), so that it was sometimes legally possible to cover the entire duration of the CDD with a trial period, which made no sense.
Tax reform 2025
On 17 July last, Minister for Finance Gilles Roth announced a comprehensive tax reform to enhance the purchasing power of employees and the competitiveness of Luxembourg. A bill has already been submitted to Parliament (No. 8414). We hereby present the aspects of the reform related directly to salary management, with the first part dedicated to measures for reducing the tax burden on households and the second part focusing on proposed changes to strengthen the country’s attractiveness.
The Collective Labour Agreement of insurance companies 2024-2026: finally signed!
The new 2024-2026 collective agreement for insurance companies marks a major step forward for employees! Discover what’s new: exceptional bonuses, salary increases, and unprecedented measures for well-being and training. A constructive social dialogue that strengthens the attractiveness and balance of the sector.
The rental allocation: the new tax-free allocation within certain limits and conditions!
Since June 1, 2024, employers now have an additional way to attract young talent through a new tax exemption opportunity! They can now provide a monthly allowance to a young employee who is renting their primary residence.