Smic: calculation of the minimum wage in France

In FranceTHE Minimum salaryOR minimum salaryit is generally Inverted Every year on January 1st. However, adjustments during the year can occur, as well as November 1st 2024where an early revaluation was decided, two months before the usual date of January 1 of the year.

With an increase of 2.22 %, how much does it cost today?

What is the minimum salary?

THE Minimum wage (minimum inter -professional growth salary) It is the minimum salary in force in France.

This is a threshold of remuneration that any employer must respect regardless of the employment contract that binds him to an employee.

It allows anyone who has a low activity of activity to have a minimum guarantee of purchasing power and to be involved in the economic development of the country.

For the record, before January 2, 1970, we were talking about SMIG (minimum guaranteed interprofessional wages).

Created in 1950, at the time there were two types:

• One for regions of an amount equal to 64 francs or € 1.40 per hour
• the other for Paris and the Paris region is equivalent to 78 francs, or € 1.70 per hour

Fortunately, these sums have increased today. Although it is also necessary to put yourself in the context of each era.

When you increase the minimum wage level too much, you run the risk that companies take less. We already have the highest minimum salary in the developed world.

– Bruno Le Maire in an interview on BFMTV.

How much does the minimum salary cost?

This question is constantly returning. We must first remember that it is Calculated on the basis of the legal work time of 35 hours per week.

Difference between gross salary and minimum net

The minimum gross salary is the minimum salary before the deduction of charges while the SMIC network is the total amount that the employee receives.

To obtain the net salary, we deduce from gross salary:

• Social and tax contributions (health insurance, retirement, etc.)

No revaluation in January 2025?

The minimum salary, initially expected for an automatic increase in January 2025, saw its revaluation Two months by Michel Barnier’s government. This increase is based on the evolution of inflation for 20 % of families with the lowest income, thus excluding a «push» at the beginning of 2025.

However, during the year a new increase could occur if the consumer price index increased by at least 2 % compared to that used to correct the last amount of the minimum wage. In addition, the The government maintains the possibility of applying exceptional revaluation at any time.

What is the net amount?

The amount of Net minimum salary Monthly corresponds to around 1426.30 euros or a net amount of 9.40 euros per hour from 1 November 2024.

What is the gross amount?

Corresponds to AA Gross monthly salary 1801.80 euros. This leads us to a Gross every hour of 11.88 euros from 1 November 2024.

Increase in minimum wages: evolution in the last 5 years

Good to know: In Mayotte, the amount of the minimum gross salary is € 8.98 per hour.

Who is entitled to mandatory minimum wages?

Any employee in France is also worried, also seasonal workers and students.

It is applied in continental France, in Saint-Pierre-Et-Miquelon and in the foreign departments (Guadeloupe, Martinica, Guyana, Réunion, Mayotte, etc.).

Exceptions in calculating the minimum salary

According to the jurisprudence of the Court of Cassation, some elements do not take into account the calculation of the minimum wage:

• Remuneration of pause times,

• Maintenance bonus of job clothes,

• Wage grid of the collective agreement.

MINIMUM AND SMIC Guarantees

The guaranteed minimum is a reference value to evaluate some advantages in nature (for example houses), some professional costs (professional travel among others) and social allowances.

From 1 November 2024, it has been set at € 4.22 against € 4.10 of the previous year.

It should not be confused with the minimum salary since it is not a mandatory minimum salary.

The evolution of the domestic consumer price index establishes its amount. We are talking about «consumer prices index outside the domestic tobacco from the first fifth in the distribution of living standards».

The minimum guaranteed when the minimum salary is indexed In «Inflation measured for 20 % of families with lower income».

The revaluation of the minimum salary is carried out on the basis of half of the gain in the purchasing power of the average hourly wages of workers and employees.

-Service-Pubblic.fr.

The minimum wage changes every year. Faced with its constant changes, a manual attack is restrictive.

Automating the processes on wages through the Sirh Paie software, collect the variable elements of remuneration without bond and without error to establish the payroll.

It always complies with the regulations in force thanks to regular updates.