2023-05-24 08:13:55
The government presents, Wednesday, May 24, in the Council of Ministers, its bill on the sharing of value in business. The text is a “faithful and integral transposition” of the national interprofessional agreement (ANI) concluded in February between the social partners, declared the Minister of Labor, Olivier Dussopt, Tuesday during a press conference. “Any modification, any contribution to the ANI, the government will only defend them with a consensus of the signatories of the ANI”he added.
The inter-professional agreement aims to improve and generalize profit-sharing or profit-sharing schemes for employees, and thus improve their remuneration in a context of soaring prices. The agreement was validated by all employers’ organizations and trade unions, with the exception of the General Confederation of Labor (CGT).
The government wants adoption before the end of the parliamentary session this summer.
This agreement contains thirty-six articles and two main measures:
- For companies with eleven to forty-nine people: they will be obliged, from 1is January 2025, to establish at least one mechanism “legal value sharing” – participation, profit-sharing or even “value-sharing bonus” – if they generate, for three successive years, a significant profit, at least equal to 1% of their turnover. Companies with less than eleven employees “have the possibility” to share the profits with their employees.
- For companies with at least fifty people: discussions must take place in such a way as to “better take into account exceptional results” made in France. A measure that echoes the debate on the taxation of superprofits, revived by the unequaled surpluses of TotalEnergies.
Smaller companies still lag behind in terms of profit redistribution mechanisms: 88.5% of employees in companies with more than 1,000 people benefited from such a mechanism in 2020, compared to less than 20% in those less than fifty employees, according to Dares – the statistical department of the Ministry of Labor.
The government has chosen 2025 as the date of entry into force, contrary to the recommendation of a parliamentary report, which at the beginning of April recommended putting into practice “from 2024”given inflationary pressures.
In February, Geoffroy Roux de Bézieux, the president of the Mouvement des entreprises de France (Medef), as well as Laurent Berger, secretary general of the French Democratic Confederation of Labor (CFDT), had called on the executive to respect the text of the ANI during its transposition into a bill. The boss of Medef had estimated that “all unraveling” would constitute “a stab in the back of the social partners”and the union official considered that a modification would be “a tripping up social democracy”.
The bill is limited to the measures of the agreement between unions and employers and does not include additional measures on the « superprofits », mentioned by Emmanuel Macron at the end of March. Referring to the large companies devoting their income “exceptional” to share buybacks, the Head of State had asked the government to reflect on the means of ” to profit from “ the workers of this manna.
In the National Assembly, “there is a risk of overbidding with topics on superprofits and superdividends”estimated Mr. Dussopt.
With this bill, the executive also wants to turn the painful page of pensions. After a rough resumption of contact with the unions, which are still demanding the repeal of the reform, the Prime Minister, Elisabeth Borne, received the main employers’ organizations at the start of the week. The latter say they are ready to discuss the employment of seniors, while a fourteenth day of mobilization is scheduled for June 6.
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