French Minimum Wage to Increase by 2.65% on 1st May 2022
The SMIC Increases by about €34 net per month from May 1, 2022.
The SMIC Increases by about €34 net per month from May 1, 2022 due to the rise in inflation. The Consumer price index for the poorest households (excluding tobacco) has risen by 2.65% between November 2021 and March 2022, according to figures published on April 15, 2022 by INSEE
In accordance with the law , the level of the minimum wage will therefore increase by 2.65% on May 1, 2022. It will thus be set at €1,645.58 gross per month, or €1,302.64 net. A decree published in the official journal on April 20, 2022 sets the amount.