Beware of the promotion trap: a 500 euro raise will cost your boss 733 euros and barely earn you 128 euros

Storage costs the employer a lot and yields too little for the employee. An employee who receives 500 euros more gross will have an extra 129 euros net left over. His boss has to pay 733 euros more per month. The ACV believes that a tax reform is desperately needed. “The situation has become even worse for the lowest wages in recent years,” says tax expert Erik Van Laecke of the Christian trade union ACV.

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