The Labor Income Act was adopted by the Parliament on November 27, as an answer to the decreasing purchasing power of French employees. We are presenting a review of its main provisions which notably aim at encouraging employees profit-sharing and link the award of stock-options and free shares to the managing agents to the company's wage policy. (Ref. 080960)
After the law on purchasing power passed on February 8, 2008, profit-sharing is again mobilized by the government to improve employees’ income. In 2006, 5 million employees received a little more than €7 billion in “participation”, and 4.3 million people received €7 billion in “interessement”. Several measures encourage businesses to use this system more and share more.
Promoting “interessement”. “Interessement” is still optional for businesses, bur those which enforce it between the impending p
…You are reading this article thanks to your subscription to Mind Retail.
Explore new horizons by checking out our other verticals:
Do you have information to share with us?