SMIC 2023: what new amount on May 1?

minimum wage. With a new automatic increase from May 1, 2023, the amount of the minimum growth wage will exceed 1,380 euros net.

[Mis à jour le 17 avril 2023 10h21] Prime Minister Elisabeth Borne announced a new automatic increase in the minimum growth wage (Smic) from May 1, 2023. Indeed, a revaluation of 2.19% is planned, either a net gain of 30 euros for all beneficiaries. She also called on companies to “renegotiate salary scales” in an attempt to support the purchasing power of the French. The minimum wage will therefore rise to €1,383 net from next month.

Currently, the amount su Smic reaches 1,709 euros. The net minimum wage has climbed to 1,353 euros since January 1. Finally, the amount of the hourly gross minimum wage is 11.27 euros. Note that an employer can be fined 1,500 euros if he pays the employee a remuneration lower than the Smic, as well as damages.

On the basis of a full-time job, 35 hours per week, an employee with the minimum wage earns 1,709.28 euros gross and 1,353.07 euros net (after mandatory deductions), for a net gain of 24 euros each month compared to August 2022, since Sunday January 1, 2023. Here are all the minimum wage amounts to know at the start of the year:

• Net minimum wage as of January 1, 2023: €1,353.07
• Gross minimum wage on January 1, 2023: €1,709.28
• Net hourly minimum wage on January 1, 2023: 8.92 euros
• Gross hourly minimum wage on 1 January 2023: €11.27

The amount of the monthly net minimum wage is set at 1,353.07 euros since January 1, 2023, compared to 1,329.05 euros at the beginning of August 2022, the date of the last revaluation. As a reminder, here is the evolution of the amount of the net monthly minimum wage in recent years:

Since January 1, 2023, the gross monthly minimum wage reached 1,709.28 euros per month on the basis of 35 hours per week. For information, here is the evolution of the amount of the minimum wage since 2010:

The amount of the net hourly minimum wage 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 January 1, 2023, the amount of the Net hourly minimum wage is about €8.92.

The amount of the gross hourly minimum wage has been 11.27 euros since January 1, 2023, compared to 11.07 euros on August 1, 2022. As a reminder, the amount of the gross hourly minimum wage, in recent years, was set at:

The hourly rate of the Smic corresponds to the legal minimum hourly wage that the employee must receive. Deductions are however applicable in certain cases (apprentices and employees under 18). This is the amount paid for one hour of work. The monthly minimum wage 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 16,236.84 euros (1353.07×12). For its part, the gross annual minimum wage climbs to €20,511.36 (1709.28×12).