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The minimal wage will see an computerized enhance on 1er October, because of a 2.2% enhance within the value index serving as a foundation for attainable revaluations, in response to the determine printed on Wednesday September 15 by the Nationwide Institute for Statistics and Financial Research (Insee), which additionally confirms an acceleration of 1.9% in inflation in August over one 12 months.
“This rise in inflation leads to specific from the rebound within the costs of manufactured merchandise (+ 1.1% after – 1%) “, these of power, meals and providers, explains INSEE.
“The patron value index excluding tobacco for households within the first quintile of the distribution of residing requirements (…) is up by 2.2% ” in comparison with November 2020, the reference month over the last revaluation of the minimal wage on 1er final January, additionally provides INSEE.
Transcend the automated enhance
This improvement opens the way in which to a rise within the minimal wage, since, in response to the labor code, a rise of at the least 2% should result in a rise within the minimal wage on 1er October. The precise quantity of the minimal wage adjusted to 1er October must be communicated throughout the day by the Ministry of Labor.
The minimal wage had been elevated by 0.99% within the 1er January to achieve 1,554.58 euros gross monthly, a rise of 15 euros. This enhance, which corresponded to an computerized revaluation of the minimal wage, introduced the gross hourly quantity to 10.25 euros.
Every year, some unions, such because the Normal Confederation of Labor (CGT) which calls for a minimal wage of 1,800 euros, ask the federal government to transcend the automated enhance, however the final “Enhance” dates again to July 2012, the day after the election of Socialist President François Hollande.
The governments that adopted shunned any one-off enhance, arguing that it will damage the employment of the much less expert. Intimately, the rise in costs for meals (+ 1.3%), power (+ 12.7%) and providers (+ 0.7%) continued in August.
The harmonized client value index (HICP), which serves as a foundation for comparability at European degree, has elevated by 2.4% over one 12 months, after + 1.5% in July. Over one month, it rose 0.7% after + 0.1% the earlier month.