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Employee savings: the economic crisis is a game-changer

2020-05-15T05:14:01.879Z


DECRYPTION - To help businesses cope with the coronavirus crisis, the government allows them to postpone the payment of profit-sharing and participation bonuses.


Companies that close their accounts at the end of the year have, in principle, until May 31, the last deadline, to pay employees their participation and profit-sharing bonuses, two devices that allow them to be associated with the results or to the performance of their business. A boon for the 11 million French people who have an employee savings plan, in particular those on short-time unemployment or whose incomes have fallen. But this year, many will have to wait.

Read also: Would it be really useful to tax French savings even more?

An ordinance of March 25, 2020 allows companies to modify, exceptionally, the payment deadlines for this savings. "Those who have cash flow problems can postpone their payments until December 31, 2020, without paying late interest , " said Nada Kada, director of employee savings and retirement for the Henner group. Fortunately, not all companies will do this. According to a survey by the National Association of Professionals

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Source: lefigaro

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