France Increases Minimum Monthly Salary by 2.01%

According to a press release that has been issued by the government, since August 1, 2022, the minimum monthly salary will be 2.01 per cent higher, AtoZSerwisPlus.com reports.

As a result, the monthly minimum wage will increase from €1,302.64 to €1,329.06. This means that on an hourly basis, the minimum wage will increase from €10.85 to €11.06.

“Due to inflation, the minimum interprofessional growth wage will automatically increase on August 1 by 2.01 per cent. For a full-time worker, the monthly minimum wage will increase from 1,302.64 euros to 1,329.06 euros net,” the statement of the French government reads.

Apart from increasing the minimum monthly salary, the French authorities announced that they have also decided to increase the 2022 back-to-school allowance by four per cent.

The government said that the additional four per cent would be paid to everyone at the beginning of September 2022, at the same time as the monthly payment of other benefits.

Earlier in July, the European Union Parliament said that MEPs are set to approve new rules on minimum wages for EU workers.

MEPs said they want to introduce new rules to make sure that minimum wages provide for a decent living standard in the EU. According to them, by introducing new rules, the EU countries will be able to achieve real wage growth and avoid competition on labour costs in the single market.

Moreover, MEPs also expect that the new rules will help in reducing the gender pay gap as currently, around 60 per cent of people in the EU who earn minimum wage are females.

The Council explained that each EU Member State with a statutory minimum wage would be required to put a framework into place. This framework will help set as well as update minimum wages based on clear criteria.

To be able o determine how much the statutory minimum wage represents, the Council recommended that the EU countries use several instruments, such as using a national basket of goods and services at real prices.

In addition to the above-mentioned, new rights aiming to improve work-life balance in the EU have also already entered into force. Announcing the introduction of the newly adopted EU-wide rules, the EU Commission said that they set out minimum standards for paternity, careers’ and parental leave and established other rights, including the right to ask for flexible working arrangements.