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It goes this Monday, August 1st! What will you acquire?


Increase in SMIC. Due to rising inflation in France, the entire hourly minimal wage elevated on August 1, 2022. What’s the purpose? Gross, Net, Hourly… Here are the brand new quantity particulars.

[Mis à jour le 2 août 2022 12h15] Smick is aware of Monday 1st August, a brand new development. As of May 1, this automated revaluation of the minimal wage follows worth will increase. The Labor Code gives for a mechanical revaluation of the minimal wage when the Consumer Price Index (CPI) will increase by not less than 2% for the reason that earlier revaluation of the minimal wage. Indeed, inflation has risen once more 2.01 % from March (6.1% for greater than a yr in July, in keeping with the most recent statistics from INSEE). For the third time this yr, the entire hourly minimal wage will enhance from 10.85 euros to 11.06 euros. So, based mostly on a full-time job, 35 hours per week, this is how an worker earns minimal wage 1,678 euro Raw, and about €1,329 internet (after obligatory deductions), for its internet revenue 27 euros Every month. Minimum Wages to be generally known as on Monday, August 1, 2022:

  • Total Minimum Wages as on August 1, 2022: €1,329
  • Total Minimum Wages on August 1, 2022: €1,678
  • Net Hourly Minimum Wage on August 1, 2022: €8.77
  • Gross Hourly Minimum Wage on August 1, 2022: €11.06

As a reminder, the minimal wage corresponds to the authorized minimal hourly wage that the worker should obtain. This applies to all grownup staff, no matter their remuneration (time, output, activity, piece, fee or tip). The employer could be fined €1,500 if he pays the worker lower than the minimal wage, in addition to damages. Smic is reassessed on 1st yearlyer In January, it’s listed to inflation as measured for the bottom earnings 20% of households. This revaluation of Smic relies on a acquire of half the buying energy of the typical hourly wage of employees and staff. Finally, if inflation will increase by not less than 2% in comparison with the index noticed when the final quantity of the minimal wage was established, it’s routinely elevated by the identical proportion. This is in case of revaluation on August 1, 2022.

After experiencing a 0.9% enhance initially of 2022, the minimal wage has now been elevated €1645.58 Gross per thirty days, in comparison with 1,589.47 euros final yr. In 2021, Smic has already skilled a reasonably unprecedented revaluation of two.2% to compensate for worth will increase of greater than 2% between November 2020 and August 2021. It is the primary time since 2011 that it has routinely elevated past January 1st. As a reminder, if an employer pays one among its staff under the authorized minimal wage, the latter is liable to a high quality. €1,500. He can also be ordered to pay employee’s compensation.

So the minimal wage is going through a second enhance on May 1, 2022. In reality, to take into consideration the rise in inflation (+4.5% in March over a yr), the minimal wage elevated by 2.65%, a internet enhance of 34 euros per thirty days. In different phrases, the web minimal wage rose from 1,269 euros to 1,302.64 euros internet, a rise recorded on Sunday, May 1. The minimal wage will be raised once more from August 1, 2022 2.01%.

Every yr, the minimal wage quantity is revised. As of January 1, 2022, it’s 1,603 euros gross per thirty days based mostly on 35 hours per week. This enhance is the results of each the evolution of inflation and the rise within the wages of employees and staff. On May 1, 2022, a brand new enhance took impact after inflation, bringing the entire minimal wage to 1645.58 euros. As a sign, right here is the evolution of the minimal wage quantity since 2010:

Evolution of the minimal wage since 2010
yr Hourly Minimum Wage Amount (Total) Monthly Minimum Wage Amount (Total)
January 2010 €8.86 €1,343.77
January 2011 9 euros €1,365
December 2011 €9.19 €1,393.82
January 2012 €9.22 €1,398.37
July 2012 €9.40 €1,425.67
January 2013 €9.43 €1,430.22
January 2014 €9.53 €1,445.38
January 2015 €9.61 €1,457.52
January 2016 €9.67 €1,466.62
January 2017 €9.76 €1,480.27
January 2018 €9.88 €1,498.47
January 2019 €10.03 €1,521.22
January 2020 €10.15 €1,539.42
January 2021 €10.25 €1,554.58
January 2022 €10.57 €1,603
May 2022 €10.85 €1,645

The month-to-month internet minimal wage quantity is reached 1,302.64 Euro, in comparison with 1,269 euros on January 1 and 1,231 euros in 2021. As a reminder, right here is the evolution of the web minimal wage quantity in recent times:

Amount of internet minimal wage
yr Net month-to-month minimal wage quantity
January 2016 €1,143
January 2017 €1,149.07
January 2018 €1,174.93
January 2019 €1,204
January 2020 €1,219
January 2021 €1,231
January 2022 €1,269.45
May 2022 €1,302

The hourly minimal wage (gross) is EUR 10.85, up from EUR 10.57 on January 1, 2022, and EUR 10.25 beforehand. As a reminder, the hourly minimal wage in recent times has been:

Hourly Minimum Wage Amount (Total)
yr Hourly Minimum Wage Amount (Total)
January 2016 €9.67
January 2017 €9.76
January 2018 €9.88
January 2019 €10.03
January 2020 €10.15
January 2021 €10.25
January 2022 €10.57
May 2022 €10.85

The quantity of Smic per hour is extremely variable. Note that the quantity could fluctuate from one payslip to a different, as a result of quantity of social safety contributions deducted from the entire hourly minimal wage. Its quantity in January 2022 Net hourly minimal wage was virtually €8.37. For instance, it was weak between January and September 2021, measured at 8.11 euros.

The minimal wage corresponds to the authorized minimal hourly wage that the worker should earn. However exemptions apply in sure instances (college students and staff under 18 years). The Price per hour is €10.85 From May 2022, this is the quantity paid for one hour of labor. Unlike the month-to-month Smic, which is made on a 35 hour per week foundation.

The annual Smic quantity is obtained by multiplying the month-to-month Smic (above) by the variety of months within the yr, i.e. 12. Please be aware, if you profit from the thirteenth month paid to your employer, this is just not half. The annual minimal wage calculation refers back to the new quantity of Smic 2022 legitimate from May 1, 2022, the web annual Smic quantity. €15,631.68 (1302.64×12). For its half, the gross annual minimal wage has elevated €19,746 (1645.58×12).

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