GobatThe calendar year is almost over… and for many businesses, the fiscal year is as well. Did the employer do this well? Then there may be a profit bonus for you as an employee. Do you hear the thunder in Cologne when you read this term? No problem: Jobat.be Check out what you need to know about this topic with legal expert Ellen De Blende from Acerta Consult.
Beginning: What actually is a profit premium?
Well, if an employer made a profit in the last financial year, they can decide to allocate all or part of that profit to their employees. As an employee, you pay a 13.07% social contribution on this premium, the same amount on your gross salary, and only 7% tax.
Whether you get a profit bonus depends on it no It depends on the collective goals you have achieved or not achieved with the company. Furthermore, you may not receive the installment to replace or transfer wages, installments or any other benefit (not even in kind).
Whether you get a profit bonus depends on it Just It depends on whether or not the employer has made a profit and is willing to pay (part of it).
Financial employee involvement: Good idea, isn’t it always?
What does the profit premium consist of?
Either you get one match Profit premium. All employees of the company receive the same amount or percentage of their wages as profit bonus. The similar profit bonus is granted during the company’s ordinary or extraordinary general assembly, by a simple majority of votes.
In other words, you will receive one Classified Profit premium. In this case, all employees receive an amount of money according to a distribution key that takes into account objective criteria, such as seniority, rank and position. You are given a classified profit bonus because your employer draws up a joining instrument or concludes a collective labor agreement, if there is union representation in your company.
Read more: Is every employee entitled to an end-of-year bonus?
What did employees get last year?
We do not yet know how many employees will receive an earnings bonus after the current calendar year. But after the previous calendar year, 15 out of every 1,000 employees (that’s 1.5 percent) will receive a profit bonus during 2023. This is slightly more than the previous calendar year (1.4 percent). The average amount also increased: from €2,092 in 2022 to €2,309 in 2023, representing a 10 percent increase. This is evidenced by information received from the human resources services company Acerta, based on data from 260,000 employees in more than 40,000 private companies.
Of course, this does not indicate how many bonuses and amounts companies will pay beyond the current calendar year, but the stars seem to be aligning. Finally, many companies suffered economically during the fiscal year ending in 2022, due to the energy crisis and high labor costs. So 2023 should be better.
How do you know if you are entitled to it?
This of course is still the question. Ellen De Blind, legal expert at Acerta Consult: “If it is a similar profit premium, approved during the ordinary (extraordinary) general meeting, the employer must inform you of this in writing.”
“Is it about a classified profit bonus, which will be included in the collective labor agreement or accession instrument? At the very least, the union representative will inform you of the collective labor agreement. Does the employer prepare the accession instrument? Then the employer must publish his draft in the company, You as an employee then have 15 days to comment on it.
When will it appear in your bank account?
The premium certainly won’t be under your Christmas tree yet. “You usually find out around the time the company approves the annual accounts. If your employer’s financial year coincides with the calendar year, it won’t be until May or June 2024. Just a little patience, so…
Does the new year also bring a new job? Using the Jobat.be framework below, you can quickly and freely find job vacancies that suit your needs.
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