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The loss of copyright is only partially offset by the wages of Belgian IT workers. Alternative remuneration, such as mobility budgets, is increasing again. In the Tech Reward
The loss of copyright is only partially offset by the wages of Belgian IT workers. Alternative remuneration, such as mobility budgets, is increasing again.
In the Tech Reward Survey, Hudson examines salary packages in the Belgian IT sector. Wages have been lower on average since the industry’s favorable copyright tax regime was fundamentally reformed. Hudson sees an average salary decrease of 9 percent.
IT employees lost an average of 640 euros per month in copyright, Hudson calculates. For many, this was equivalent to 20 percent of their base salary. After the reform, only 3 percent of companies use this benefit, resulting in a 9 percent decrease in the overall salary package. Functions such as developers and functional analysts are particularly affected, with wage losses of up to 20 percent.
Although employers try to compensate for this through other compensation, such as fixed expense allowances and meal vouchers, the compensation often proves to be inadequate. Many companies also offer a mobility budget or environmentally friendly vehicles to cushion the loss.
For example, 35 percent of technology companies now use a legal mobility budget, which is significantly higher than the 10 percent in other industries. In addition, 75 percent of companies offer the choice of environmentally friendly vehicles. This has led to a sharp increase in electric or hybrid cars in the industry, from 17 percent last year to 44 percent this year.
Despite positive steps, the pay gap in the tech sector remains a problem, particularly at higher employment levels. Overall, the wage difference is relatively small, but in 25 percent of companies the difference is still more than 5 percent, predominantly in favor of men. Small organizations in particular perform poorly in this area. Although the sector is making progress, gender equality remains a key concern, particularly in leadership positions.
“The tech sector should not focus on the overall wage gap. As employment levels increase, we continue to see a salary advantage for men and an underrepresentation of women in leadership positions. The sector has already taken important steps, but there is still a lot to do to achieve true equality,” concludes Wouter Beuckels, senior manager at Hudson.
Source: IT Daily
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