Michelin introduces the «decent wage» for all its employees

The Michelin group announces the introduction of a so-called “decent” wage and a “universal social protection base” for its 132 thousand employees in France and around the world. This decent wage, specifies the historic tire manufacturer from Clermont-Ferrand, in the heart of France, guarantees workers a remuneration equivalent to the “living wage”, as defined by the United Nations Global Compact.

Minimum wage, here’s how it becomes “decent” in France

More specifically, it would allow “each employee to meet the essential needs” of a family of four (food, transport, education, health expenses) but also to accumulate savings and purchase consumer goods. «It is a logical commitment with respect to all the employees of the group», the CEO of Michelin, Florent Menegaux, tells Agence France Presse, adding that the employees «consecrate time to develop and develop the company and us, in exchange , we give them the means at least for a family of four people – two parents and two children – so that a single salary allows them to get accommodation, food, but also entertainment, a little savings.”

In a country like France, this represents 39,638 euros per year for a gross salary in Paris, 25,356 euros in the less expensive Clermont-Ferrand. «The minimum wage in France is not sufficient in the eyes of Michelin to respond to what we consider a decent salary”, underlines Ménégaux quoted by the French press. Beyond the Alps the minimum wage is 21,203 euros gross per year.

#Michelin #introduces #decent #wage #employees
2024-04-19 10:21:35

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