It was announced. The Smic will increase well the next 1st by 2.65%, announced this Friday the Minister of Labor, or 34 euros net. The hourly minimum wage will rise from 10.57 euros to 10.85 euros gross. Over one year, over the automatic increases, the minimum wage has increased by almost 6%.
Inflation reached 4.5% over one year. The legal minimum wage, mechanically revalued at the rate of inflation, will once again increase, from 42.6 euros gross as of May 1, 2022, i.e. 34 euros net. Currently 1603euros gross per month, the minimum wage will increase to 1645.58euros. On the basis of 35 hours of weekly work, the minimum wage will rise 1302 euros against 1269 euros net currently. The hourly rate will increase from 10.57 euros gross 10.85.
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Progressing according to the rise in prices for the poorest 20% of households, the legal minimum wage has already increased by 0.9% in Januaryafter an increase of 2.2% in October latest. Each time, it is the automatic revaluation that has started: it is not a question of boosts decided by the government. In total, over one year, from May 2021 to May 2022, the minimum wage will therefore have increased by 5.9%, or 91 euros gross per month (72 euros net); it will have gone from 1230.60 euros to 1302.64 euros net, underlines the Minister of Labor in his press release.
Salary: up to 35euros more per month for the Smic from May 1st
At the start of 2022, consumer prices have skyrocketed. Among the biggest increases, we find energy prices +28.2% over one year. According to INSEE, the surge in these prices is due to the increase in those of petroleum products. In 6 months, gasoline prices have actually increased by 40%.