Are you well paid? Luxembourg’s 2023 salary guide by sector
WEBAug 11, 2023 · It has been translated and edited for Delano. Hays Luxembourg. Hays has just revealed its 2023 Salary Guide for Luxembourg. The highest salaries are in IT and finance, where a CIO can earn up to €250,000 per year after eight years. For starting salaries, purchasing managers in the industrial sector make the most.
Adepa’s acquisition of Fidupar receives CSSF approval
WEBFollowing approval from the Financial Sector Supervisory Commission (CSSF), Fidupar has officially joined Adepa and will be rebranded as Adepa Asset Servicing Luxembourg, stated the firm in a press release on Wednesday 2 October 2024. Earlier in January, Adepa announced its agreement to acquire Fidupar, although the financial terms of the ...
Banque Havilland placed into administration | Delano News
WEBSep 8, 2024 · Banque Havilland, a 15 year old private bank headquartered in Kirchberg, was ordered into judicial administration on 9 August 2024. Photo: Guy Wolff/Maison Moderne. Banque Havilland, the troubled Luxembourg private bank, has taken another step on its path to being wound up, after a Luxembourg court officially ordered it …
Labour shortage: it’s not all about pay | Delano News
WEBAug 11, 2023 · Photo: Shutterstock/Montage: Maison Moderne. Liser is seeking to identify the causes of the country’s labour shortage. In a brief published on 7 November, the institute looks at the role played by working conditions in occupations that do not require a university degree. “In Luxembourg, in 2022, 76% of …
Three years to make pensions sustainable | Delano News
WEBA key factor in the sustainability of the system is employment growth. The latest figures available are in line with the IGSS’s assumption of only 2% growth in the working population between 2020 and 2030. However, as Nivet points out, “these simulations show that the pension system is unsustainable in the short and medium term.
Luxembourg state will soften third indexation blow, but in 2024
WEBSep 1, 2023 · The legislation stated: “The financial impact for each financial year, which will be borne entirely by the state and may be financed in different ways in order to smooth out the impact on the state’s cash flow, will be €310.5m in 2024, €23.6m in 2025 and €6.5m in 2026. However, as the state must recover an amount of approximately € ...
3D printers made in Luxembourg | Delano News
WEBA Luxembourg-based 3D printer manufacturer has received the seal of approval from the country’s chamber of commerce. Anisoprint, which moved its manufacturing operations to Luxembourg in 2020, shipped its first composite printers with the “Made in Luxembourg” label, after meeting the required standards. The firm previously outsourced its ...
Finance salaries struggle to remain attractive | Delano News
WEBThe rise of technology and cyber security. Jobs related to data management are also struggling to remain attractive in Luxembourg. While a data analyst can earn €70,000 in Luxembourg, which is above the European average, a head of data & analytics on average earns €173,000. This is still lower than in London and Switzerland, and even Germany.
Nicolas Buck takes on Big Four with Palana | Delano News
WEBSep 11, 2022 · This story was first published in French on Paperjam. It has been translated and edited for Delano. On Wednesday 9 November, Nicolas Buck announced the rebranding of his fintech Seqvoia to Avanterra and the creation of a second company, Palana Services, with Benjamin Collette, to win the hearts of …
1 in 15 people in Luxembourg are millionaires | Delano News
WEBThis is approximately one in 15, taking into account the entire resident population. This represents an increase of 7.9% compared to the year before. Only Denmark (+10.3%) and France (+8.5%) did better. Assets held by Luxembourg millionaires increased by 8.8% to $137.6bn. The average wealth resident has a fortune of $2.98m.
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