reevaluated annually in line with the inflation. France’s minimum wage is covered under French Labour Law, stipulating that the minimum wage must evolve every year on January 1st in order to adapt to the cost of living. To ask for a quote, please fill in our contact form or call us at +33 (0)1 44 06 07 097. The job market is different from what you may be used to and the salaries vary greatly depending on the industries and the job position. For your information, here is a table indicating the evolution of the French SMIC during the past few years : Our payroll management platform automatically updates the value of the French minimum wage. Chartered Accountant salaries in France range from 22,200 EUR per year (minimum salary) to 68,700 EUR per year (maximum salary). Average salary in France is EUR 57,591 (US$ 70,460). However, earners can also pay into a supplementary pension and/or private pension plan. The median salary is 44,300 EUR per year, which means that half (50%) of people working as Chartered Accountant(s) are earning less than 44,300 EUR while the other half are earning more than 44,300 EUR. Learn how your comment data is processed. In France, the government announced an … Minimum Salary In Paris. Saying this, it doesn’t mean French people do not get prepared to talk about salary expectations during a job interview or that they don’t negotiate a pay rise every year or so. Income taxes, paid yearly, are also deducted from this amount. Since January 2017, France set the minimum annual gross salary threshold at 53,836.50 EUR. Business impact: Businesses may need to adjust their budgets to meet the new wage minimums. In 2013 the gross minimum wage per month in France was of 1,430.22 euros, compared to 1,521.22 euros in 2019. “We do not show our payslip to anyone, and we do not tell how much we make”. The minimum wage in France, le SMIC, (Salaire minimum de croissance) will go up by 1,1 % from 1st January 2014. These are pre-assigned amounts for specific funds. Living Wage Series - France - January 2018 - In Euro, per Month Living wages, Wages in context - France The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. The difference between the gross amount and the net before income tax is about 22% deduction for the social charges for the employee. Let’s analyze the average and minimum salary in Paris, France, one of the most beautiful cities in the world and a great destination for corporate expatriates Are you considering relocating to Paris or France? The top 8% earns from 4000€ net per month and the top 1% starts from 8700€ net per month. Minimum wage with effect from January 1, 2020 Minimum wage with effect till December 31, 2020 Minimum Wages - last checked - 12/31/19 An employee cannot legally be paid less then this level. The salary range for people working in France is typically from 1,724 EUR (minimum salary) to 5,439 EUR (highest average, actual maximum salary is higher).. It is considered that the 30% lowest salaries, earning under 1534€ net per month, represent the under-qualified employees (often women), working in the area of services or workers. Income taxes, paid yearly, are also deducted from this amount. Welcome back to my blog Expat in France! Be the first to receive Expat in France new articles and information! SMIC per monthBased on 35h worked per week or 151,67h per month. Minimum Wage in France - 2020 november. Why? France's 1.2 million interns are one step closer to getting mandatory pay and other benefits after the Senate approved a bill this week that would guarantee them a minimum … There might be some remains of the catholic culture where it is taboo to talk about money. Our payroll managers are responsible for verifying the compliance of salary amounts with the legal minimum wage, as well as with collective agreement stipulations, in order to guarantee you a correct pay-slip for every one of your employees. Knowing the France minimum wage and the median salary will hep you positioning you on the salary scale to negotiate your salary and also will give you an idea of the cost of living in France. Some points about salary. This is equivalent to €1,521.22 per month on a 35-hour working week. Who determines it ? How I found a job abroad thanks to networking? Up until now, British passport holders have been able to live in France and elsewhere in Europe with no Visa and no formal requirement to prove they have the means to live here. I hope this information helped you make sense of the French salary system as I have always found it very different from the other countries I have worked in such as Spain or the UK. My 10 tips to prepare a stress-free expatriation. However, for any student internship lasting less than a couple of months, the recruiter has a choice to pay the intern or not. This is a gross figure to which must be deducted mandatory employee contributions. There is no variance to the minimum wage depending on the region. Catholicism is a religion “to help the poor” and where getting rich is not well seen. January 7, 2020. Opting for the highlife in Paris is likely to make larger holes in any budget than modest tranquility in a quiet corner of France, such as the Charentes or the Auvergne. An increase in political influence was apparent in several Member States, including Spain and Slovenia, where pre-election promises and popular support led to significant increases. So when you consider the cost of the fix charges in France such as the rent, you quickly understand that living on a SMIC is tough even though other financial help may be available. These adjustments are made based on inflation and the average worker salaries for the previous year. The French spouse visa: Everything you need to know. Most countries have a nation-wide minimum wage that all workers must be paid. The new minimum wage will be 9.53 euros per hour instead of the present 9,43 euros. The hourly rate can also sometimes be mentioned for some type of position. This is what is called an automatic augmentation, operated by the French government according to two criteria : There are some exceptions to the French flat minimum wage system : Part-time employees on the other hand are not an exception, their per-hour salary cannot be less than the hourly SMIC. Don’t get me wrong, there are very few French people that get into the detail of their payslip and understand everything. Even though France is now an atheist country, its Catholics roots left some traces. Therefore, until last year for a French person, the net amount received on the bank account every month was before paying income taxes. It is not part of French culture to talk about money. minimum salary in France Average and Minimum Salary in Paris, France. This is a gross figure to which must be deducted mandatory employee contributions. How to find a job in France as a non-French speaker? If you're new here, never miss an update and be the first to receive new articles and information about life in France and insider tips! Your email address will not be published. Following an automatic augmentation of only 1,2 %, the French minimum wage is set to 10.15 € per hour in 2020 (instead of 10,03 € in 2019). Employees in France contribute to their French pension through a compulsory pay-as-you-go state pension system (Retraite De Base or Minimum State Pension), taken via social security contributions. It is reevaluated annually in line with the inflation and also takes somehow into account the salaries general evolution. Detailed salary report based on career, education, experience, gender, age etc. Minimum Wages in France averaged 1319.34 EUR/Month from 1999 until 2020, reaching an all time high of 1539.42 EUR/Month in the second quarter of 2020 and a record low of 1035.97 EUR/Month in the second quarter of 1999. middle class in France earns between 1500€ and 2800€ net per month. Minimum Wages in France increased to 1539.42 EUR/Month in the second quarter of 2020 from 1521.22 EUR/Month in the fourth quarter of 2019. According to the French National statistics entity (INSEE), about 10% of the population in France earn 1247€ net per month or less. France minimum wage versus average salary. Effective 1 January 2020, the French government has increased the minimum legal monthly salary requirement (SMIC) to EUR 1539.42 per month (up 1.2% from EUR 1521.22 per month in 2019). This site uses Akismet to reduce spam. FRANCE: 2020 Minimum Salary Increases. Some industries in France set higher wages based on collective agreements negotiated between employee unions and employers. While technically the minimum wage in France has been rising every year, the growth has been usually minimal, of around 1 %. Let me know what are your main challenges as an expat. This is the total monthly salary including bonuses. Click here and you won't miss out on good tips! This places France on the 11th place in the International Labour Organisation statistics for 2012, after the United Kingdom, but before Germany.. First, the concept of net amount differs between France other countries as the income tax withholding has just been implemented last year only. Connecting! This adds up to 1 539,42 € per month, for a contract of 35 hours per week (standard working hours in France). Minimum Income Requirements to be resident in France. Also, this percentage will vary depending on whether the employee has an executive work contract (statut cadres) or an employee position (statut non-cadre) or is self-employed (indépendant). The lack of negotiations with the social partners has sparked criticism, mostly among employer organisations. Freelance Activities in Romania: Taxes to be paid as of 2017. the consumer price index excluding tobacco for the 20 % of French households with the lowest incomes; half the gain in purchasing power for the basic hourly wage of French employees. It also helps to compare the French situation with other countries taking into account the purchasing power standards. As it is not your first visit, never miss an update and be the first to receive new articles and information about life in France and insider tips! Required fields are marked *. This pushes up the minimum salary that employers must pay for certain jobs/positions. Whereas the income tax budget is managed by the government and its spending vary on government politics a lot. Are there exceptions to the minimum salary requirement? The gross SMIC is €10.03 (2019), from which are taken taxes and social security charges (at this wage level, approximately 23%). However, with the increase of the average salary, the gross minimum wage also rose in the country. A new law has been implemented in France to regulate student internships that will last at least two months and up to six months. The minimum wage in France is called salaire minimum de croissance (SMIC), which stands for Salaire MInimum de Croissance.Since 1 January 2010 the SMIC is worth 8.86 euros per hour. How to get your EU Blue Card and work in France? What is this amount in 2020 ? Your email address will not be published. Will EU citizens' applications be prioritised over mine? (including, for example, maternity leave, healthcare, pensions, unemployment benefits). In France, social security contributions, as per its name are financing the social security system (including, for example, maternity leave, healthcare, pensions, unemployment benefits). N/A. If you want to read more about the French minimum wage, or any other related subject, please check out our French payroll e-magazine. Salary in France is usually expressed monthly or annually. Nevertheless, the government can approve additional increases during the year if it chooses to. The following list provides information relating to the minimum wages (gross) of countries in … How often does it change ? Who is affected: Employers and employees working in France. This is what we miss the most whe, Le Beaujolais nouveau est arrivé! July 24, 2019 April 15, 2019 by Jon Stotz. France emergency numbers: Do you know them? I realised that many expats don’t necessarily make the difference between social contributions and the income tax. France's Minimum Wage is the lowest amount a worker can be legally paid for his work. Accurate, reliable salary and compensation comparisons for France The minimum salary per hour is 10.03€ per hour for a full time position. If you have found this article useful, follow me on Facebook to be informed of my new posts. According to the French National statistics entity (INSEE), about 10% of the population in France earn 1247€ net per month or less. Advanced 2019/20 Survey. The average monthly net salary in France is around 2 157 EUR, with a minimum income of 1 149 EUR per month. Minimum Salary In Paris, France. How much you spend on living costs in France each month will depend on your own lifestyle and where you plan to take up residence.