The statutory minimum wage in France (SMIC) 2024

The French minimum wage, the so-called SMIC (" Salaire minimum interprofessionnel de croissance ") has been at the same level since the 1 January 2024 with 11.65 euros per hour and 1,766.92 euros per month (gross in each case), which corresponds to a monthly net amount of around EUR 1,399.

SMIC in the year 2024

On 1 January 2024, the statutory minimum wage in France will increase by 1.13 % in accordance with Decree No. 2023-1216 of 20 December 2023. With a working week of 35 hours, this results in a gross amount of 1,766.92 euros, while the net amount is 1,398.69 euros. The corresponding adjustments were published on 21 December 2023 in the "Journal Officiel", the French official journal.

The new SMIC amounts from 1 January 2024 are as follows

  • Net minimum wage: € 1,398.69
  • Gross minimum wage: € 1,766.92
  • Net hourly wage: € 9.22
  • Gross hourly wage: € 11.65

Increase in the French minimum wage

The SMIC is automatically adjusted annually on 1 January by decree across all sectors, based on inflation and purchasing power indicators. This automatic adjustment takes into account the development of inflation determined for the 20 % of households with the lowest income. In addition, every time the consumer price index rises by at least 2 %, the SMIC is increased in the same proportion.

The SMIC was last increased by 2.22 % in May 2023 in application of the annual statutory revaluation. Since this date, it has amounted to 1,747.20 euros gross per month, which equates to a net income of 1,383.09 euros, with a gross hourly rate of 11.52 euros.

Salary table for apprentices in France

The remuneration of apprentices in France is graded according to age group and is set as a percentage of the minimum wage. For trainees with a "contrat d'apprentissage", the following salary scale will apply from 1 January 2024:

Situation

16-17 years

18-20 years

21-25 years

>=26 years

1st year of training

27% of the SMIC (477,07 €)

43% of the SMIC (759,77 €)

The higher content between 53% of the SMIC (936,47 €) or 53% of the collectively agreed minimum wage

The higher content between 100% of the SMIC (1.766,92 €) or 100 % of the collectively agreed minimum wage

2nd year of training

39% of the SMIC (689,10 €)

51% of the SMIC (901,13 €)

The higher content between 61% of the SMIC (1.077,82 €) or 61% of the collectively agreed minimum wage

The higher content between 100% of the SMIC (1.766,92 €) or 100 % of the collectively agreed minimum wage

3rd year of training

55% of the SMIC (971,80 €)

67% of the SMIC (1.183.83 €)

The higher content between 78% of the SMIC (1.378,20 €) or 78% of the collectively agreed minimum wage

The higher content between 100% of the SMIC (1.766,92 €) or 100 % of the collectively agreed minimum wage

If you have any questions, our Franco-German tax advisors and expert accountants in Paris and Bonn will be happy to provide you with personal advice. We are also happy to advise you throughout France and Germany by telephone and video conference. Your Franco-German tax consultancy FRADECO.

Disclaimer of warranty

The greatest possible care has been taken in the preparation of these German and French newsletters, but changes, errors and omissions remain reserved. The abstract legal presentation in these newsletters cannot replace individual civil and tax law advice from a German-French consultant in relation to the individual case. Subsequent changes in the legal framework, the opinions of the German or French tax authorities or the case law, also with retroactive effects, are possible.