Inflation requires, the minimum growth wage (minimum wage) will indeed be increased on October 1.
As required by a provision in the Labor Code, an automatic revaluation occurs when the national consumer price index reaches a level above 2%.
However, the final figures published on Wednesday by INSEE show that this indicator has increased by 2.2% compared to November 2020, the reference month for the last revaluation.
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As a result, the minimum wage, which today points to 1,554.58 euros gross per month, will be increased to around 1,589 euros from next month, an increase of nearly 35 euros gross.
The last automatic increase in the minimum wage due to inflation, which had risen to 2.1%, took place on December 1, 2011, but the conditions had never arisen since.
Political pressure
The law also allows a boost to government discretion.
The last dates back to July 2012, François Hollande just elected.
The Ministry of Labor was to consult the group of experts on the minimum wage on Wednesday evening to have "
its opinion
".
“There is a consensus to say that we should abstain from it.
It is up to the social partners to negotiate by branch the minimum wages adapted to each activity.
The top priority today is employment, ”
explains economist Gilles Cette, president of this group.
But he recognizes it:
"The public decision maker is the government."
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And seven months before the presidential election, the political temptation to go beyond the simple automatic revaluation is debated.
Despite the signals sent last week by the Minister of the Economy, Bruno Le Maire, who indicated that
"giving a boost to the minimum wage was also giving a knife to the recovery of employment",
the door n is not completely closed within the executive.
As for the proposals of many presidential candidates, like Valérie Pécresse, Arnaud Montebourg or Jean-Luc Mélenchon, for a significant increase in the minimum wage, they put additional pressure.