Key Points
- France increased the hourly minimum wage by 2.22% on May 1, 2023
Overview
The government of France increased the country’s statutory minimum wage by 2.22% on May 1, 2023. The minimum hourly gross salary is now at €11.52, representing a monthly wage of €1,747.20 on a weekly basis of 35 hours.
According to the government announcement, these changes will impact the minimum salary requirements of holders of Talent passport status and multi-year resident permits. These new thresholds will be set to:
- Talent Passport for qualified employees or employees of innovative companies: €41,933 annual gross salary
- Talent Passport for employees on assignment and intra-company transfers: €37,739.59 annual gross salary
- Talent Passport for managerial positions: €62,899.20 annual gross salary
What are the Changes?
The government of France increased the country’s hourly minimum wage to €11.52 on May 1, 2023. According to the government announcement, the effort to increase the minimum wage results from re-evaluating the minimum salary requirements of the Talent passport status for certain employees and for specific general multi-year resident permits.
Looking Ahead
Continue to check the government of France’s website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: Government of France
