Posted Jul 13, 2022, 9:49 AMUpdated on Jul 13, 2022 at 4:09 PM
After the legal increase of January 1 and then that of May 1, the minimum wage will increase on January 1.er August, for the third time this year. Currently at 10.85 euros, the gross hourly rate of the minimum wage should cross 1er August the bar of 11 euros, at 11.06 euros. Or 8.76 euros net, said the Ministry of Labor. The gross monthly minimum wage should rise from 1,645.58 euros per month for 35 hours of work per week to almost 1,680 euros. Net, it will go from 1,302.64 euros to 1,329.06 euros, announced the rue de Grenelle.
This new increase is the consequence of that of the prices. The law provides that each time inflation excluding tobacco increases by at least 2% compared to the last increase in the SMIC, it is passed on in full to the level of the SMIC, on 1er of the month following publication of the information. This index has risen 2.01% since the March index known in April. Over 2022, the cumulative increase reaches 5.2% corresponding to approximately 80 euros gross and 60 euros net of revaluation.
This mechanism is in addition to the increase which occurs each year automatically on the 1er January and takes into account not only the rise in prices but also the gain in purchasing power of the basic hourly wage of workers and employees. The government also has the possibility of giving a boost, but if this possibility was used once by François Hollande, Emmanuel Macron never made use of it.
With at least three upgrades, 2022 is already shaping up to be an exceptional year for the minimum wage. You have to go back to the 1980s to find such a scenario. At the end of the 1970s, it was not even rare to have up to five supers in the year.
The increase in the minimum wage to 1er August will once again have a strong impact on branch minima. After the revaluation of 1er May, the Ministry of Labor had counted 146 branches starting under the minimum wage out of a total of 171 covering more than 5,000 employees, or 85%. This number dropped to 112, corresponding to 65% on July 1. So he will go up.
The government has announced its intention to increase its pressure on the branches in this area within the framework of the bill on purchasing power, with a threat of merger of recalcitrant branches. Knowing that it will focus only on the worst students, “whose minimums are below the SMIC over a long period, more than a year”.
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