France - Purchasing power bill and measures for employees - August 31, 2022

In an extraordinary meeting of the National Assembly the ‘emergency purchasing power’ bill was passed, which includes several measures to offset the effects of inflation (5.8% in June compared to 2021). As promised by the government, the bonus, which has been exempt from social security contributions and taxes up to a ceiling of €1,000 since 2019, will see that ceiling rise to €3,000 per employee per year. The exemption ceiling for this ‘value-sharing’ bonus’ will even stretch as high as €6,000 for companies with fewer than 50 employees or if they have a profit-sharing agreement. Finally, the Assembly adopted an amendment rectifying the finance bill, which raises the exemption ceiling for the sustainable mobility package from €600 to €800 euros per year per employee.

Read on: in English. Read on: in French.

For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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