Negotiations around the universal time savings account (CETU) were relaunched by the Union of Local Businesses (U2P) with the unions. Objective, to make the CET universal, portable and monizable for all employees. A draft agreement has been reached, but Medef and CPME are opposed to it. The government plans to pass a bill in the fall. Explanations.
THE universal time savings account (CET) has come back to the forefront in recent days. This was a campaign promise from Emmanuel Macron, with the aim of giving every worker the opportunity to better organize their working time throughout their life.
The CET is an employee savings scheme which is already in place in the public sector as well as in certain companies (in 2022, according to Dares, around one in ten employees could have access to it in the private sector). It allows employees to place, on an account, their periods of leave or rest not taken or even various remunerationdetailed the website of the Minister of the Economy.
Make the CET accessible to all employees
By making it universal, the principle would be to deploy it in all companies. Another wish is to facilitate its portability, that is to say that each employee could take the days accumulated there if they change companies or even make this time savings account monizable.
Time savings account: when and how can you get paid for your saved days?
According to information from Capital, if initially, the universal time savings account was postponed, negotiations have been relaunched in recent days by the Union of Local Businesses (U2P). A draft agreement was reached with all the private sector unions. Next meeting for a new negotiation session, April 23.
But for it to truly be extended to all companies, the agreement of Medef and the Confederation of Small and Medium Enterprises (CPME) will be necessary, which is far from won. The application of the universal CET would pose too great difficulties, particularly for smaller companies, declared the two organizations in a press release published on April 17 to mark their opposition to the system.
A probable bill in the fall
Faced with this observation of a very hypothetical agreement bringing together all employers’ organizations, the Minister of Labor claims to leave the door open to Medef and CPME, we learn from a source close to the matter. The government intends to use the text resulting from these negotiations to inform a transposition bill. These negotiations will therefore be a working basis for a bill expected in fall 2024.