Smic: how France is an exception among its European neighbors
The government announced this Monday a boost to increase the minimum wage to 1,502 euros net. A new increase which reinforces French singularity.
A strange legacy left by Emmanuel Macron, the self-proclaimed herald of supply-side policy. A few months before his departure, his government has just announced a boost to the minimum wage. The first since 2012.
The monthly minimum salary for full-time work will increase by 1.6% on December 1. “When we do the calculations, we will be around 1,502 euros,” detailed the Minister of Labor, Jean-Pierre Farandou, this Monday, November 9. The executive thus partially gives in to the demands of the unions.
In recent days, the main power plants have engaged in a bidding war. The demands ranged from 100 euros net more per month for the CFDT, to 150 euros net for the CGT.
Machine-translated from French
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- Le Figaro9 Nov, 18:14Smic: how France is an exception among its European neighbors ↗Figures: 1.5 euros
| Publisher Le Figaro (established tier) | +76 |
| Total | 76 |
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