deen
deen

France increases its minimum wage as of 01.01.2023

Change in SMIC

The minimum wage (SMIC) is the hourly wage below which it is forbidden to pay an employee in France.

This applies regardless of the form of payment (time, incentive, piecework, commission or tip). The SMIC ensures workers a guarantee of their purchasing power and a share in the economic development of the country.

The amount of the gross hourly SMIC was already raised to €11.07 on 1 August 2022. This corresponded to €1,678.95 per month based on the statutory working time of 35 hours per week.

On 01 January 2023, the SMIC will be changed again. This time it will increase by1.8% to €11.27, which will then correspond to a new monthly salary of €1,709.28 gross (based on the statutory French working hours).

 

Change in SMIC

Year Amount of SMIC

gross per hour in euros

1. January 2023 11,27 €
1. August 2022 11,07 €
1. May 2022 10,85 €
1. January 2022 10,57 €

 

Learn more about our consulting services: Consulting services of the IAC

Related Posts

Internationale Arbeitsverträge und Entsendeverträge – Beratung von IAC

Minimum wage increased to € 10,45 by 1 July 2022

On 01.07.2022, the statutory minimum wage was raised from € 9,82 to € 10,45 gross/hour. Minimal wage jobs up to 450 euros per month are also covered by the Minimum Wage Act (MiLoG). They are...
Passport

SIPSI 2.2 – French reporting portal gets a make-over

The French reporting portal SIPSI is updated On Friday, 14.04.2022, a new version of SIPSI went online. It contains the following improvements and corrections:

Latest blogs on global assignments

Travel expenses and travel expense reimbursements for business and work-related trips abroad from 01.01.2023
31. January 2023
LAG Hamburg: Effectiveness of Hypotax Agreements between Employer and Employee
19. January 2023
On 1 January 2023 Croatia will join the Schengen area and the Eurozone
10. January 2023
Change of fuel flat rates in the UK for the year 2023
2. January 2023
Calculation parameters and limits in social insurance for the year 2023
21. December 2022
Legislative amendments to the Romanian Labour Code
13. December 2022

Get the latest information on "International Personnel Management - assignments worldwide".

X
X
X