What is a good net salary in Luxembourg?

The average monthly net salary in Luxembourg (LU) is around 3 367 EUR, with a minimum income of 1 922 EUR per month.

What is the average salary in Luxembourg?

The average salary paid in Luxembourg is 65,854 USD according to the latest OECD statistics for 2020. In first place, we find the United States with 69,392 USD. Iceland is in second place with 67,488 USD.

What is salary index in Luxembourg?

Since 1st April 2022, the index applicable to employees’ wages will be increased from 855,62 to 877,01. This results in a 2.5% raise of the gross salary paid to employees with Luxembourg law subject employment contracts.

Why are wages so high in Luxembourg?

According to Serge Allegrezza, PhD in applied economic sciences and director of STATEC, “in Luxembourg, the average salary is mainly driven upwards by the financial sector, where the added value created per employee is particularly high.

Is 65000 a good salary in Luxembourg?

In Luxembourg, a good salary before tax ranges between €5,000 and €6,000 per month and up to €30 per hour, the highest-paid rate globally. Ultimately, anyone getting between around €66,000 per year in Luxembourg is a good earner.

Is Luxembourg a tax haven?

This time it is the EU Tax Observatory (ETO) that describes the grand duchy as a tax haven, in its latest study on European banking practices. The ETO report, issued on 6 September, covers the activities of several large European banks over seven years.

What is the most paid job in Luxembourg?

10 Highest Paying Jobs In Luxembourg

  1. Surgeons / Doctors. The average salary range of surgeons and doctors in Luxembourg is 8,430 EUR to 28,000 EUR.
  2. Judges.
  3. Lawyers.
  4. Bank Managers.
  5. Chief Executive Officer.
  6. Chief Financial Officer.
  7. Orthodontist.
  8. College Professors.

Who pays most in Luxembourg?

Average salaries and highest paid jobs in Luxembourg

  • Senior product manager: €87,600.
  • IT project manager: €68,400.
  • Legal counsel: €52,730.
  • Software engineer: €49,850.
  • Financial analyst: €45,000.

What is the minimum wage in Luxembourg 2021?

Age

Gross per Hour Gross per Month
Skilled worker, 18 years and over Minimum wage with effect from October 1, 2021 Minimum Wages – last checked – 11/25/21 €15.66 €2,708.35
18 years and over Minimum wage with effect from October 1, 2021 Minimum Wages – last checked – 11/25/21 €13.05 €2,256.95

What is index linked salary?

Index-linked wages, pensions, or insurance policies increase or decrease according to the rise or fall of prices.

What is the highest salary in Luxembourg?

Salary Range Salaries in Luxembourg range from 1,240 EUR per month (minimum salary) to 21,900 EUR per month (maximum average salary, actual maximum is higher).

Which country pays highest salary?

Top 10 Countries with the Highest Salary for Workers

  • Switzerland.
  • Norway.
  • Netherlands.
  • Australia.
  • Denmark.
  • Canada.
  • Belgium. Belgium has very high standards of living, healthcare, and education.
  • Iceland. Iceland only has a population of 348,580, making it the least populated country in Europe.