Base salary increased by 3.8% in 2022, according to the Ministry of Labor
This increase remains well below the rate of inflation, which is estimated at 6%.
The basic monthly wage index (SMB) in the private sector rose 0.6% in the fourth quarter from the third and rose 3.8% year on year, according to provisional data released Thursday by the Ministry of Labor. . The SMB, measured in private companies (excluding agriculture) with 10 or more employees, represents the gross salary, ie before the deduction of social security contributions and the payment of social benefits. It does not take into account bonuses or overtime. The index of the basic hourly wage of workers and employees (SHBOE) rose by 0.7% compared to the third quarter and by 4.5% over one year.
But “these developments must be set against inflation“Recalls the Dares, the statistics service of the ministry, in a press release. The cost of living has indeed increased by 6% between the end of December 2021 and the end of December 2022. “Over one year and in constant euros, the SHBOE therefore fell by 1.5% and the SMB by 2.2%“, underlines the Dares.
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By sector of activity, the SMB progressed, during the 4th quarter, by 0.7% in the tertiary sector, by 0.5% in industry and construction. Over one year, the increase is 3.9% for the tertiary sector, 3.8% for industry, and 3.3% for construction. By socio-professional category, the SMB increased in the 4th quarter by 0.7% for workers and employees, 0.6% for intermediate professions and 0.5% for executives. Over one year, it rose by 4.6% for workers, 4.3% for employees, 3.2% for intermediate professions and 2.9% for executives.
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