Michelin has established a “decent salary” and generous social protection for all of its employees. In France, this “decent’ annual salary for a Michelin employee in Paris stands at 39,638 euros per year and 25,356 euros in Clermont Ferrand.
In Beijing, Michelin offers its employees 69,312 yuan, two and a half times more than the local average salary. In the United States, in Greenville, the pay of a tire manufacturer worker is almost three times the minimum amount ($14,790). We were convinced that all of our employees benefited from decent salaries according to the criteria defined by the Global Compact, the UN program intended to create a more sustainable society, says Florent Ménégaux, the president of the Michelin group. This must provide for the needs of a family comprising on average two children and two parents, he adds. The minimum wage in France is not sufficient in the eyes of Michelin to meet what we consider to be a decent salary.