“The minimum wage is not a decent salary: Michelin relaunches the debate on the level of wages in France

2024-04-18T22:09:12.883Z

Highlights: The industrial group has decided to pay its 132,000 employees an income allowing them to live with dignity but also to “save," “pay for studies” and “consider leisure and vacations. The president of the Michelin group, Florent Menegaux, threw a wrench in the pond on Thursday. Asked about the level of remuneration, the manager estimated that the minimum wage is not a decent salary. A tone often heard in the mouths of unions, more rarely in that of a big boss. This projection was an opportunity for the company to highlight the efforts made to offer its 132,.000 employees remuneration considered more correct. The definition borrowed from the World Labor Organization (ILO), the specialized UN agency which has been working on the subject since its creation. According to the tire giant, this must allow each employee to provide for the essential needs of their family - two adults and two children - (food, housing, transport, children's education, health costs, etc.)

The industrial group has decided to pay its 132,000 employees an income allowing them to live with dignity but also to “save”, “pay for studies” and “consider leisure and vacations”.