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"Given the trends on inflation, it's going to be an increase that will be higher than last year," the minister told franceinfo on Thursday morning.
Even if no "boost" is envisaged, the automatic revaluation of the smic, on January 1, 2019, will be "Significant" given the inflation, promised the Minister of Labor, Muriel Pénicaud, Thursday, November 29 on franceinfo.
"Given inflation trends, it's going to be a bigger increase than last yearSaid the minister on franceinfo. There will be a revaluation that will be significant. "
Every year, on January 1st, the minimum wage for growth (smic) benefits from a mechanical rise, calculated according to two criteria: the inflation observed for the 20% of households with the lowest incomes, and half of the gain of power purchase of the hourly basic wage earner and employee (SHBOE). Thanks to inflation, this revaluation should revolve around 2%, against 1.24% on 1 January, according to calculations by AFP.
Since 1 January, the minimum wage for growth is 9.88 euros gross per hour (or 7.82 euros net after deduction of employee contributions). The monthly gross minimum is € 1,498.47, or € 1,184.93 net. Government to announce revaluation "December 19th, after consulting the social partners on the 15th, and we will have the calculation figures on the 13th", detailed Muriel Penicaud.
Praising the current system of automatic revaluation, the Minister of Labor has described an additional boost from the government of "makes the prince".
The minister also recalled that the 1.6 million French touching the SICI have benefited from a monthly increase, thanks to the cuts in unemployment insurance contributions and illness. "From November 2017 to November 2018, it's 35 euros more per month", she defended, even though this rise is not "not perceived" because of inflation.
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