Prime Minister Sébastien Lecornu announced a rise from 1 December, rather than 1 January 2027, adding about €24 a month after tax and bringing monthly take-home pay to around €1,502. A decree is due shortly.
Lecornu announced the increase after meeting representatives of employees and employers. The government presented the measures as a way to improve purchasing power and encourage wage increases, Euronews said.
The 1.6% minimum-wage increase is scheduled to take effect on 1 December, rather than 1 January 2027, adding about €24 net per month and bringing the monthly net wage to around €1,502. The decree implementing it is to be published shortly.
To address businesses’ concerns about higher labor costs, the government also plans tax exemptions for overtime income up to €10,000, employers’ contributions to public transportation costs and value-sharing bonuses. Those bonuses are one-off payments companies can give employees to share part of the value they create.
Lecornu also announced a project to reform general reductions in social security contributions, with the aim of increasing take-home pay.
The increase falls short of unions’ original demands: the CFDT sought an extra €100 net per month, while the CGT sought around €150. CGT general secretary Sophie Binet is calling for another day of strikes and demonstrations on 17 November. Pay negotiations are to continue across roughly one hundred professional sectors.
Consumer inflation cooled in October as the pace of price increases at China’s factories accelerated, the November 9 account said.
1 min
Armenia’s embassy in Kuwait says the airline plans to restore the direct connection in December 2026.
1 min
Scott Davidson’s US-based consortium takes control of the League Two football club, with former US goalkeeper Brad Friedel set to become sporting director.
1 min
