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Businesses: one in five small business managers earns less than the minimum wage
Forget the image of the “well-off, big car, driver and cigar in his mouth”. The reality is that today, one in five small business managers (VSEs or SMEs) earns less than the minimum wage. – (France 2)
According to a study, one in five small business managers (VSEs or SMEs) earns less than the minimum wage.
Speedwell Gou runs a shoe store in the Paris region. In good months, she receives an average of 2,000 euros net. A salary that she estimates to have halved in ten years. “With inflation, there is less consumption. We are more in debt because we took out a loan guaranteed by the State, which increased our charges. We have a fairly high maintenance of tax charges. This is complicated, especially with banks”, she laments. His profession remains uncertain. “Tomorrow, if my business fails, I do not have the possibility of contributing to the unemployment. If I stop, I no longer have none income”she recalls.
20% of them earn less than 1,400 euros per month
A situation experienced by many small business leaders. According to a study, 20% of them earn less than 1,400 euros per month, 31% between 1,400 and 2,600 euros, the rest earn more than 2,600 euros. “We see that many of these business leaders have lower salaries than their own employees”, indicates Jean-Eudes du Mesnil, general secretary of the CPME. There France account Today more than 2.5 million small businesses.
Among Our sources
Study by the CPME, Confederation of Small and Medium Enterprises, with 1,331 managers on their monthly remuneration: https://www.cpme.fr/espace-presse/communiques-de-presse/enquete-de-conjoncture-cpme-sur-la-remuneration-des-dirigeants-un-entrepreneur-sur- cinq-gagne-minis- what-the-smic
Jean-Eudes du Mesnil general secretary of the CPME: the CPME has more than 200,000 members, very small businesses and small and medium-sized businesses
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