The minimum wage will increase by 2.65% on May 1

The minimum growth wage will automatically increase by 2.65% on May 1 due to the high inflation recorded since November, the Ministry of Labor announced on Friday, April 15. For a full-time job, the monthly minimum wage will be 1,645.58 euros gross. The gross hourly minimum wage will raise from 10.57 euros to 10.85 euros.

In France, the purchasing power of minimum wage workers is protected by an automatic revaluation mechanism enshrined in law, which ensures that the minimum wage increases at least as fast as inflation affecting the most modest households. According to the final results of the consumer price index in March published by INSEE, inflation between November 2021 and March 2022 stands at 2.65% for the 20% of households with the lowest incomes. The minimum wage will therefore be increased in the same proportions.