It is still a little early to draw up a quantified assessment of salary increases for 2024. However, several studies allow us to get a precise idea of the trend. If you haven’t yet had your annual interview, here are some figures to keep in mind.
Bonuses, job changes, variable remuneration, annexes… Salaries are a moving subject and INSEE explains in a recent note to what extent precisely measuring the evolution of wages requires multiple indicators. However, at the end of January, a month traditionally rhyming with annual interviews and potential salary increases, there are still elements to keep in mind to compare.
More than 4% in 2023
Over the past year, the entire French payroll has increased by more than 4%, according to the INSEE economic report published in mid-December. The average salary per head increased by 4.5%.
Rebelote in 2024?
4% in 2023, and 4% in 2024: this is the first trend outlined by the business consulting firm WTW, based on a study carried out among 922 organizations in France. Although the inflation observed in 2023 was down compared to 2022, companies are choosing, in anticipation of the year 2024, to maintain increase budgets comparable to those allocated on average last year, explains WTW in a press release released in mid-January. In 2023, WTW estimates that 96% of companies have awarded salary increases, compared to 63% for example in 2020. This trend is expected to continue in 2024.
This firm adds that the annual revaluation should be slightly lower in the pharmaceutical sector (3.9%) or that of technologies and media (3.8%).
Smic: almost 1400 euros net per month
The minimum wage increased by 1.13% in January, 1398.69 euros of monthly net salary for full time and 1766.92 euros gross. This increase follows an increase of 2.22% in May and 1.81% in January 2023.
Taxes, RSA, retirement, salary… These increases awaiting you in 2024