#2022-1158Emergency Measures for the Protection of Purchasing Power
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The law 'LOI n° 2022-1158 du 16 août 2022' introduces various emergency measures to protect purchasing power in France. It primarily provides for a value-sharing bonus that employers can distribute to their employees, which is exempt from social security contributions up to a certain limit. The measures also include deductions for overtime and adjustments for small businesses, enabling them to better manage labor costs and enhance employee remuneration. Further provisions are made for specific demographic groups and sectors, ensuring broad applicability of the financial support measures.
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Key Changes
- Introduction of a tax-exempt value-sharing bonus for employees
- Increased deductions for overtime worked by employees in medium-sized enterprises
- Revision of regulations regarding rental prices and employee benefits
Obligations
What this law requires
Employers must distribute the value-sharing bonus to eligible employees starting from July 1, 2022, with exemption from social security contributions up to €3,000 per beneficiary per calendar year (or €6,000 if employer implements profit-sharing or employee participation schemes).
Temporary work companies must inform the economic and social committee (CSE) without delay when a user company attributes the bonus to temporary workers, and must then distribute the bonus to those workers according to conditions set by the user company's agreement or decision.
Employers must establish either a collective bargaining agreement or unilateral decision specifying the bonus amount, maximum salary eligibility level, and any modulation conditions based on employee characteristics (remuneration, classification, seniority, actual presence duration).
Employers making unilateral decisions regarding the bonus must consult the economic and social committee (CSE) beforehand, where one exists.
The value-sharing bonus cannot substitute for any existing elements of remuneration, mandatory increases, or primes provided by agreement, contract, or established practice within the company.