what would the universal CET promised by Macron really change?

The reform of the universal time savings account: here is an unexpected announcement, made by Emmanuel Macron last March when he unveiled his 2022-2027 program. He insisted on the extent of this reform, since he wants a monizable, portable and universal CET. How would this change the situation compared to the current CET?

Better organize your working time throughout your life: here is the main principle imagined by candidate Macron and his campaign team behind this announcement of universal CET. Important clarification: for the time being, this universal CET remains at the campaign promise stage. The new government, articulated around Prime Minister Elisabeth Borne, has not yet provided any details on this promise.

This Universal Time Savings Account project echoes, in another area, the Personal Training Account (CPF). Before being synonymous with scams and untimely door-to-door text messages, the CPF is a transformation of the former DIF aimed at simplifying and harmonizing training rights, in particular by transferring them from one company to another.

1. Macron wants to make the CET portable

In view of what Emmanuel Macron detailed last March, the principle of this universal CET can be compared to the creation of the CPF, by transposing it to the accumulation of RTT and non-country leave: Many people today, when they change companies, when they change careers, are forced to give up their time savings account that they had accumulated because it is not portable: it must be made portable, from one employer to another , insisted the President of the Republic.

Is it really new? Yes… with one caveat: it is now possible to transfer rights from one employer to another, as detailed in the minister of labor, but it all depends on the convention or the collective agreement. Failing agreement on this point, an employee may ask his employer to record this time savings account Cash register, then the transfer to the new company is done in agreement with the former employer. A rather complex and unknown device. Difficult, under these conditions, to affirm that today a CET is easily portable…

2. Macron wants to help raise the CET

Being able to work more at certain times and less at others, with a “universal time savings account” to monetize your RTT, days off or put them aside and choose, later in life, to have more time for oneself and one’s loved ones: here, very precisely, is the detailed proposal during the presidential campaign on Emmanuel Macron’s With You campaign platform. The president, now re-elected, explained during the presidential campaign that he wanted to allow employees to monetize it in different ways: or in cold hard cash, or in time.

What’s new? Absolutely, this is nothing new. The CET already makes it possible today to store RTT and country leave to put them down later, or to monetize them. And this monetization can go through a salary supplement, or through a conversion into employee savings. But this freedom of choice remains theoretical: everything again depends on the branch agreement or the collective agreement…

Time savings account: understanding the current CET and its monetization in 10 questions

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3. Macron wants to make CET universal

Understood: allow each employee to have access to a time savings account. Emmanuel Macron calls for a great social dialogue to make it universal because there are categories of companies where this CET is not accessible to employees.

What would change. In fact, access to the CET today is very far from being democratised. Admittedly, in the civil service, all civil servants and contractual agents who have worked for at least 1 year have access to a CET. On the other hand, in the private sector, according to statistics from Dares, barely more than one in ten employees has a time savings account in their company.

We can not be satisfied with having a device that satisfies the employees but that concerns only very few employees, and the others too bad for them, deplores Laurent Berger, Secretary General of the CFDT. If the CET became universal, accessible to all, the novelty would be real, as Laurent Berger explained at the beginning of May France Inter: The CFDT has been talking about a Universal Time Savings Account for a while, the union official insisting above all on the possibility for employees to have time available over the course of a career for a personal project, to be with their loved ones, to retrain, have a collective associative project, or even take some free time.

Time savings account, definition

An employee with access to a CET can assign untaken country leave (5th week of leave, or any days exceeding the legal 5 weeks), days of RTT not taken or, in some cases, overtime, bonuses (seniority, 13th month…).

The initial principle of the CET is to store unused days so that they can be taken later, to anticipate a retirement, to fill in a part-time job, an absence for a personal project, etc.

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