Confirmed: france’s minimum wage will increase in november

Connexionfrance

Confirmed: france’s minimum wage will increase in november"


Play all audios:

Loading...

A 2% RISE WILL SEE THE WAGE RISE ABOVE €1,800 PER MONTH FOR THE FIRST TIME The minimum wage in France will definitely increase by 2% from November 1, it has been confirmed. It means the


gross amount will go above the €1,800 threshold for the first time, the prime minister has said. A decree confirming the minimum wage (Smic, as it is referred to in France) appeared in the


Journal Officiel on October 24. “With effect from November 1, 2024, the decree raises the gross hourly minimum wage in mainland France, Guadeloupe, French Guiana, Martinique, Réunion,


Saint-Barthélemy, Saint-Martin and Saint-Pierre-et-Miquelon to €11.88 (a 2% increase), i.e. €1,801.80 per month based on a legal working week of 35 hours", the text states. Minister for


Employment Astrid Panosyan-Bouvet, said in a press release: “This new decision to raise the minimum wage early is in line with the aim of supporting the purchasing power of the most modest


working households.” Read also: What is the net and gross minimum wage in France in 2024?  SMIC RE-EVALUATION The 2% rise comes from the formula used for the annual re-evaluation of the


Smic. It depends on factors such as forecasts for consumer price changes, and the hourly wage of manual and clerical workers.  The Smic automatically increases every year on January 1.


However, increases can also be made during the year based on inflation levels that affect the poorest 20% of households.  The government can also choose to go beyond the automatic increase


and add on a ‘boost’ beyond the minimum increase that is required, but it has not done this since 2012. The minimum wage has been increased eight times since January 2021, including four


times during the year due to rising inflation. The last increase was on January 1, 2024. These changes mean that in some industries, the minimum wage is rising faster than other wages. When


this happens, the government often calls on industry heads to make amends. The employment minister is meeting industry representatives today to ask for accelerations to the “negotiations” to


this effect. Read also: What is average salary in France? How does it compare with US or UK?  The number of employees being paid the legal minimum wage has risen sharply in France in the


past few years. As of January 1, 2023, 17.3% of employees were on the Smic, up from 14.5% at the same time in 2022, and 12% in 2021.


Trending News

Cdc stops recommending covid-19 vaccines for pregnant women and children

The U.S. Centers for Disease Control and Prevention (CDC) is no longer recommending the COVID-19 vaccine for pregnant wo...

What saint augustine can teach us about pope leo xiv

Standing in front of the cascade of crimson curtains on the balcony of Saint Peter’s on the evening of May 8, with an em...

What harvard's federal funding cuts mean for the university

Harvard University is poised to lose its remaining federal funding and ties to the federal government as its battle with...

Where all the key players on 'the handmaid's tale' wind up in the series finale

W_ARNING: SPOILERS AHEAD FOR THE SERIES FINALE OF _THE HANDMAID’S TALE It’s hard to believe it, but one of television’s ...

King charles signals canadian strength to trump

King Charles III is not just monarch of the United Kingdom, he is also the putative ruler of 14 other Commonwealth realm...

Latests News

Confirmed: france’s minimum wage will increase in november

A 2% RISE WILL SEE THE WAGE RISE ABOVE €1,800 PER MONTH FOR THE FIRST TIME The minimum wage in France will definitely in...

Structural basis of thiamine transport and drug recognition by slc19a3

ABSTRACT Thiamine (vitamin B1) functions as an essential coenzyme in cells. Humans and other mammals cannot synthesise t...

In photos: affinity celebrations for the class of 2024 | multimedia | the harvard crimson

Above, attendees at the affinity celebration for Black graduates light up Sanders Theater with their phone flashlights, ...

How caste plays out in india’s newsrooms

Did you know that three out of four anchors of flagship TV news debates are upper caste? That not one is Dalit, Adivasi,...

Pplware Classics…

Porque recordar é sempre bom, o Pplware traz aos seus leitores a sua habitual rubrica semanal de música. Apresentamos ne...

Top