Increase in the minimum wage: “I will not propose a measure that would harm employment,” declares Jean-Pierre Farandou, Minister of Labor
Questioned by the Tribune on Sunday, November 8, Labor Minister Jean-Pierre Farandou raised the possibility of an increase in the minimum wage “from December 1.” A measure which will be discussed on Monday morning with…
The Minister of Labor Jean-Pierre Farandou will not propose an increase in the minimum wage which could “harm employment”, he indicated in an interview published in the Tribune on Sunday November 8, the day after another day of demonstrations and while a social conference will take place on Monday in Matignon with employers and unions. The minister said he understood the participation of 570,000 people in the strike and mobilization day of November 5 “because the subject of purchasing power is obviously crucial for the French.” But with limits: “I will not propose a measure that would harm employment,” he qualified, stressing that an “excessive increase” in the minimum wage “would threaten a certain number of already weakened companies”.
“Raising the minimum wage to 1,700 euros net” for example, “would destroy more than 230,000 jobs,” he says. Social anger: despite a less mobilizing “Act IV”, thousands of people in the streets to “maintain the pressure” An increase in the minimum wage “possible from December 1st” The net monthly minimum wage is today 1,477.93 euros. Mr.
Farandou has already mentioned his wish to see it pass the 1,500 euro mark, without specifying the desirable level in his eyes. The CFDT is asking for a 100 euro net increase in the minimum wage and the CGT for 10%, an increase of around 150 euros. “We are here to support those who have more difficulties.
But for executives too, it’s hard”: in the CFDT procession, the discomfort of white-collar workers An increase in the minimum wage “would be possible from December 1, if the discussions are concluded quickly,” he indicates. It “does not cancel the amount of the activity bonus received”, he further specifies. “For a single person on minimum wage, the salary paid by the company is 1,477 euros, with an activity bonus which amounts to 230 euros, or a disposable income of 1,700 euros net in the bank account,” he indicates.
The government will also propose solutions “to promote obligatory annual negotiations in companies and in the branches”, indicates Mr. Farandou.
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