How can employee purchasing power, now precarious in this period of high inflation, be made consistent with the challenges facing companies that find themselves operating in this unstable economic environment? Thus the conundrum the government invited the social partners to consider in September 2022 and find a way to agree on non-salary schemes that are tax-free for employees and contributions-free for employers. The issue of salaries was not up for consideration, the share of value-added...
France: social partners sign a value sharing agreement, and the government commits to following up
On 10 February 2023, the social partners concluded an agreement on value sharing that facilitates the use of profit-sharing and incentive schemes as well as tax-free bonuses in all companies. Signed by almost all the social partners, the text, which mind RH obtained, should be included in an employment bill that the government is expected to present in spring 2023.
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