Lecornu announces €24 monthly rise in minimum wage and tax breaks for firms
The 1.6% increase will lift the legal minimum wage to about €1,502 a month, but unions say it falls far short of their demands.
- On Monday, Prime Minister Sébastien Lecornu announced a 1.6% minimum wage increase effective December 1, raising monthly net pay to around €1,502—a €24 monthly rise aimed at easing the cost-of-living crisis.
- Recent civil unrest and broader protests that began over underfunded schools prompted the government's intervention. Officials face mounting social tensions five months before the presidential election, where far-right leader Marine Le Pen leads in polls.
- Labour Minister Jean-Pierre Farandou confirmed parallel tax measures to reconcile wages with business competitiveness: income tax exemptions for overtime up to €10,000 and tax-free 'value-sharing bonuses.' A decree will be published shortly.
- Trade unions rejected the offer, with CFDT head Marylise calling it 'insufficient' and CGT head Sophie Binet describing it as 'crumbs.' Binet called for major strikes on November 17.
- Lecornu stressed this is the 'second largest increase of the past twenty years,' yet negotiations will continue across roughly 100 professional sectors to discuss specific pay rise arrangements for each industry.
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The minimum wage currently stands at 1,477.93 euros - The increase is "the second most significant increase in 20 years, we should not despise it," Prime Minister Sébastien Lecorni stressed.
(London=Yonhap News) Correspondent Kim Ji-yeon = Amid ongoing protests against high prices in France, the French government has decided to raise the minimum wage one month earlier than planned.
The government's announcement came after weeks of dynamic mobilizations by youth and workers in France The post France: Government announces 1.6% minimum wage increase – "Insufficient", say unions appeared first on in.gr.
French PM brings forward hike in minimum wage to calm protesters
French Prime Minister Sebastien Lecornu said on Monday he was bringing forward a planned hike in the minimum wage to December from January, as he sought to defuse a costofliving crisis that has sparked some of France's worst civil unrest in years.
The minimum wage will be increased by 24 euros a month: Premier Lecornu wanted to calm down the protests in the country, but the next strike day has already been announced.
At the end of the social conference held in Matignon on Monday 9 November between the trade unions and the executive, the Minister of Labour announced a minimum wage increase of 1.6% on 1 December. In a letter to the unions and the employers, Prime Minister Sébastien Lecornu had said he heard "the expectations" of some as well as the "concerns" of the latter on employment. He had promised "real answers" to the demands that have been expressed on…
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