SMIC 2023: after its increase on January 1, what gross, net and hourly amounts?

minimum wage. An increase of 1.8% is scheduled for January 1, 2023. But concretely, what can we expect when we are at the minimum interprofessional growth wage?

[Mis à jour le 24 décembre 2022 à 14h00] The transition to the new year will be good for some. Among all the changes that will take place on January 1, 2023, the minimum interprofessional growth wage (Smic) will be raised by 1.8%, due to inflation (approximately 5.8% for the whole of 2022). 1.8% yes, but what to expect on his payslip? On paper, the amount of the gross minimum wage will thus increase from 1,678 euros to €1,709or to 1,353 euros net, against 1,329 euros so far. To get straight to the point, an employee paid the minimum wage will therefore earn 24 euros more each month. As a result, the new gross hourly minimum wage will rise from 11.07 euros to €11.27.

As a reminder, 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 minimum wage is revalued each year on January 1, it is indexed to inflation measured for the 20% of households with the lowest incomes.

On the basis of a full-time job, 35 hours per week, a minimum wage earner will receive 1,709 euros gross and €1,353 net (after mandatory deductions), for a net gain of 24 euros each month compared to August 2022. Remember that if inflation increases by at least 2% compared to the index observed when the last amount of the Smic was established, it is automatically increased in the same proportions. Here are all the minimum wage amounts to know from Sunday January 1, 2023:

• Net minimum wage as of January 1, 2023: €1,353
• Gross minimum wage on January 1, 2023: €1,709
• Net hourly minimum wage on January 1, 2023: 8.94 euros
• Gross hourly minimum wage on 1 January 2023: €11.27

The amount of the monthly net minimum wage reached 1,353 euros since January 1, 2023, compared to 1,329.05 euros at the start of August 2022. As a reminder, here is the evolution of the amount of the net minimum wage, in recent years, amounted to:

Each year, the amount of the minimum wage is reassessed. As of January 1, 2023, it reached 1,709 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. As an indication, here is the evolution of the amount of the minimum wage since 2010:

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. As of January 1, 2023, the amount of Net hourly minimum wage is about €8.94.

The amount of the hourly minimum wage (gross) amounts to 11.27 euros, compared to 11.07 euros on August 1, 2022. As a reminder, the amount of the hourly minimum wage, in recent years, was:

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 11.27 euros since January 1, 2023, 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 2023 valid since January 1, 2023, the net annual Smic amounts to 16,236 euros (1353×12). For its part, the gross annual minimum wage climbs to €20,508 (1709×12).