What does a “decent” salary, higher than the minimum wage, consist of?

2024-04-18 09:46:00


Un salary to live and not to survive. The president of the Michelin group believes that the minimum wage is insufficient to live with dignity. In the columns of Parisian, Florent Menegaux ensures that none of the tire group’s employees are paid the minimum wage, and that a “decent” salary has been put in place. This remuneration was calculated so that Michelin’s 132,000 employees could “live properly on their salary”.

“We came to the conclusion that a decent salary should allow a family of four people, two adults and two children, to feed themselves, but also to find housing, health care, the children’s education, build up precautionary savings, consider leisure activities and vacations,” Florent Menegaux says on a daily basis.READ ALSO “Smicardisation” of France: can we escape the low-wage trap? “When you are in survival, you do not care about others or environmental issues, you are reduced to animal instinct,” he assures.

A decent salary depending on where you live

At the tire giant, salary partly depends on where you live. “We consider, for example, that the decent wage is twice the minimum wage in Paris, and more than 20% of the minimum wage in Clermont-Ferrand, at Michelin headquarters,” indicates Florent Menegaux.


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