France -Minimum wage increased -June 27, 2012

For the first time in 6 years the French minimum wage (SMIC) will increase. The socialist government has announced a (limited) rise to 0.6% above the inflation rate. The rise amounts 2% to €9.40 an hour from 1 July 2012, of which 1.4% is accounted for by inflation. It is the first time the minimum wage, which affects one in six workers, will be raised above inflation since a 0.3% boost in 2006, before former president Sarkozy froze it in real terms.

English: http://www.ft.com/cms/s/0 ...

French: http://www.liberation.fr/economie/2012/06/26/le-smic-devrait-augmenter ...

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.

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