“Oxfam France Calls for Maximum Salary of 40,000 Euros per Month to Reduce Income Inequality”

2023-04-27 19:52:20

ERIC PIERMONT / AFP Oxfam France head Cecile Duflot attends a session at the “5th Economy Summit” event organised by Challenges in Paris, France, on December 6, 2018. (Photo by ERIC PIERMONT / AFP)

ERIC PIERMONT / AFP

Cécile Duflot, the director general of Oxfam France proposed this Thursday, April 27 that the maximum salary in France be blocked at 40,000 euros per month.

POLICY – “With 500,000 euros a year, we live”, quipped this Thursday, April 27, Cécile Duflot, at the microphone of Franceinfo. The director general of Oxfam France proposes that the maximum salary in France be blocked at 40,000 euros per month, or half a million euros per year. The gap between the remuneration of big bosses and employees continues to widen according to a report of the NGO Oxfam published this Thursday.

“The gap that Oxfam is proposing is really not very revolutionary, it’s a gap of 1 to 20” between the median salary and the maximum salary, explains Cécile Duflot in the excerpt below. “As the median salary in France is 2000 euros, the maximum salary in France would be 40,000 euros”, she specifies.

The gap is widening

According to the Oxfam study, carried out on the 100 largest French companies listed on the stock market, the gap between the remuneration of big bosses and employees would be on average 97 times higher in 2021, whereas it was 64 times more in 2021. “Their CEOs have increased their compensation by 66% while that of employees has only increased by 21% and the SMIC by 14%”is it still written in this report.

The worst pay gap was attributed by this study to the Teleperformance company of CEO Daniel Julien who won, “in 2021, 1484 times more than the average employee of his company. » Carlos Tavares of the Stellantis company pocketed 66 million euros in 2021, i.e. “more than 3,420 minimum wage”.

« It shocks everyone, it shocks me too »

Before his speech at the Château de Joux in the Doubs, Emmanuel Macron, who was strolling through a market in Dole in the Jura, was rightly questioned about the salaries of the big bosses. ” What do you think of the salary of great CEOs asked a man at a booth. ” It shocks everyone, it shocks me too “replied Emmanuel Macron while a BFM TV camera was filming the exchange.

« We, when we are in the capital, we vote against that, explained the president. Moreover, the bosses in the public sector, for years now, they are limited in their remuneration “he detailed.

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In France, since 2012, the remuneration of the directors of state-owned companies has effectively been capped, as assured by the president. They cannot exceed 450,000 euros per year, or just over 37,500 euros per month. But this does not apply to the private sector.

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