minimum wage. The amount of the minimum wage should be increased by 1.8% on January 1, 2023. On the other hand, there should be no additional boost.
[Mis à jour le 1e décembre 2022 à 14h28] The increase in the minimum wage should reach 1.8% to January 1st 2023, according to the panel of independent experts chaired by Gilbert Cette. Enough to consider a monthly gain of approximately 24 euros. Currently, the amount of the Minimum Growth Wage is set at €1,329.05 net. With this revaluation, it would climb to €1,352.98. However, experts did not argue for an additional boost. As a reminder, faced with the high inflation experienced by France (INSEE estimates it at 6.2% over one year in November 2022), the minimum wage was already automatically increased on August 1, by 2.01%.
Remember that the minimum growth wage corresponds to the legal minimum hourly wage that the employee must receive. It applies to all adult employees, regardless of the form of their remuneration (time, output, task, piece, commission or tip). The employer can be sentenced to a fine of 1,500 euros if he pays the employee a remuneration lower than the minimum wage, as well as damages. The Smic is revalued each year on the 1er January, it is indexed to inflation measured for the 20% of households with the lowest incomes. This revaluation of the Smic is carried out on the basis of half of the gain in purchasing power of the average hourly wage of workers and employees. Finally, if inflation increases by at least 2% compared to the index observed when the last amount of the minimum wage was established, it is automatically increased in the same proportions.
For the third time this year, the gross hourly minimum wage increased, rising on August 1 from 10.85 euros to 11.06 euros. Thus, on the basis of a full-time job, 35 hours per week, an employee earning the minimum wage will receive 1,678.95 euros gross and €1,329.05 net (after mandatory deductions), for a net gain of 27 euros each month. Here are all the minimum wage amounts to know as of Monday August 1, 2022:
- Net minimum wage as of August 1, 2022: €1,329.05
- Gross minimum wage on August 1, 2022: €1,678.95
- Net hourly minimum wage on August 1, 2022: €8.77
- Gross hourly minimum wage on August 1, 2022: €11.06
The amount of the monthly net minimum wage reached 1,329.05 euros since August 1, compared to 1,302 euros at the beginning of May and 1,269 euros on January 1. As a reminder, here is the evolution of the amount of the net minimum wage, in recent years, amounted to:
Year | Amount of the net monthly minimum wage |
January 2016 | €1,143 |
January 2017 | €1,149.07 |
January 2018 | €1,174.93 |
January 2019 | €1,204 |
January 2020 | €1,219 |
January 2021 | €1,231 |
January 2022 | €1,269.45 |
May 2022 | €1,302 |
August 2022 | €1,329.05 |
Each year, the amount of the minimum wage is reassessed. As of August 1, 2022, it reached 1,678.95 euros gross per month on the basis of 35 hours per week. This increase is the result of both the evolution of inflation and the increase in the wages of workers and employees. On May 1, 2022, a new increase had entered into force, bringing the gross minimum wage to 1645.58 euros. As an indication, here is the evolution of the amount of the minimum wage since 2010:
Year | Amount of the hourly minimum wage (gross) | Amount of the monthly minimum wage (gross) |
January 2010 | €8.86 | €1,343.77 |
January 2011 | 9 euros | €1,365 |
December 2011 | €9.19 | €1,393.82 |
January 2012 | €9.22 | €1,398.37 |
July 2012 | €9.40 | €1,425.67 |
January 2013 | €9.43 | €1,430.22 |
January 2014 | €9.53 | €1,445.38 |
January 2015 | €9.61 | €1,457.52 |
January 2016 | €9.67 | €1,466.62 |
January 2017 | €9.76 | €1,480.27 |
January 2018 | €9.88 | €1,498.47 |
January 2019 | €10.03 | €1,521.22 |
January 2020 | €10.15 | €1,539.42 |
January 2021 | €10.25 | €1,554.58 |
January 2022 | €10.57 | €1,603 |
May 2022 | €10.85 | €1,645 |
August 2022 | €11.07 | €1,678.95 |
The amount of the hourly Smic is extremely variable. Keep in mind that the amount may vary from one payslip to another, due to the amount of social security contributions deducted from the gross hourly minimum wage. Since August 1, 2022, the amount of the Net hourly minimum wage was approximately €8.76.
The amount of the hourly minimum wage (gross) amounts to 10.85 euros, compared to 10.57 euros on January 1, 2022 and 10.25 euros previously. As a reminder, the amount of the hourly minimum wage, in recent years, was:
Year | Amount of the hourly minimum wage (gross) |
January 2016 | €9.67 |
January 2017 | €9.76 |
January 2018 | €9.88 |
January 2019 | €10.03 |
January 2020 | €10.15 |
January 2021 | €10.25 |
January 2022 | €10.57 |
May 2022 | €10.85 |
August 2022 | €11.07 |
The minimum growth wage corresponds to the legal minimum hourly wage that the employee must receive. Deductions are however applicable, in certain cases (apprentices and employees under 18). the hourly rate is of €11.07 since August 1, 2022, this is the amount paid for one hour of work. Unlike the monthly Smic, which is modeled on the basis of 35 hours per week.
The amount of the annual Smic is obtained by multiplying the amount of the monthly Smic (above) by the number of months of the year, i.e. 12. Please note, if you benefit from a 13th month paid to your employer, this is not part of the calculation of the annual minimum wage. Referring to the new amount of the Smic 2022 valid since August 1, 2022, the net annual Smic amounts to 15,948.71 euros (1329.05×12). For its part, the gross annual minimum wage climbs to €20,147.40 (1678.95×12).