Almost every worker in the Netherlands will have more take-home pay this year although the rise is extremely small for in some wage categories, says salary processor ADP.
People earning the minimum wage will have around €15 more to spend, including the annual rise in minimum pay rates. People earning €37,000 a year will benefit by €3 a month while those on double that will have €10 more to spend.
However, if people pay for their health insurance via their salary, the rise will be more than offset by increases in healthcare premiums, ADP said.
The national statistics office CBS said earlier on Friday that pay in sectors where collective bargaining applies went up by an average of 1.9% last year – the highest rise in seven years.
At the same time, inflation has reached a 30 year low, averaging 0.3% in 2016.