Home » Business » The insurer Axa no longer fully indexes wages above 5,400 euros, but is it allowed?

The insurer Axa no longer fully indexes wages above 5,400 euros, but is it allowed?

Yes, as long as the correct notice period is used, that seems clear to Tilleman.

“The situation in Axa is an absolute exception. Every employee in our country has a basic right to a wage indexation, but the system can differ in terms of time or percentage, for example. Indexation agreements will be anchored in sectoral labor agreements (cao’s).

The collective agreement of the insurance industry stipulates that the scales must be indexed automatically, but Axa pays more than those scales. “In the past, Axa has done more than he legally had to do,” Tilleman clarifies. “So they have indexed higher than what is prescribed by the collective bargaining agreement and it is this surcharge that they now want to lift. This is possible, but then a certain notice period must also be used and it is not fixed, so there could be a discussion about it now “.

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