“Companies are going to have to increase salaries,” says Antoine Foucher, founder of Quintet

Sharing value is the theme of the Renaissance majority party on Monday, February 20. Elisabeth Borne, the Prime Minister present at the Renaissance Convention, promised to resume the agreement concluded on the subject by the social partners. “She’s right to do it, according to Antoine Foucher, former chief of staff of Muriel Pénicaud and founder of Quintet, an HR strategy consulting firm. This corresponds to his method. But basically it’s also interesting.”

“Especially since this agreement contains good provisions, it should allow employees of VSEs, i.e. companies with more than 11 employees, to receive profit-sharing when the company makes a profit.“. This agreement should apply from 1 January 2024.

Letting go of salaries

In the meantime, employees are waiting for wage increases to cope with inflation, Geoffroy Roux de Bézieux, the president of Medef, assures that business leaders will be forced this year 2023 to let go of ballast on wages. “Yes, they will have to do it for a very simple reason, the balance of power between employees and employer has changed because of the shortage of labor and demography. There will be a shortage of people on the labor market “explains Antoine Foucher.

At the moment, there is the battle for pension reform. This connoisseur of unions thinks that the strike will be very well attended on March 7, but asks the question of the aftermath: “It is not sure that union unity will hold. Because the CFDT will not call for the blocking of the country, whereas it is the DNA of the CGT.”

Watch the show in full: