In order to boost the creation of employment, Belgium knows a system of reductions of the social security contributions paid for the first employees hired by a company. This system is applied to new employers of new employees, which means employers which never engaged employees before. As these reductions are rather expensive for the social security budget, the reductions will be reduced as of 2024.
The current system provides for a fixed reduction of 4,000 EUR per quarter for the first hire on a permanent basis. However, for the 2nd until the 6th hire, the reduction will gradually decrease and will end after the 13th quarter.
