According to Velocity Global's employment agreement template, when is the salary due in France?

The gross monthly remuneration for employees in France is paid by bank transfer by the 15th of the month following the month in which the employee performed their services.

What date does the law specify salary must be paid in France?

As per the employment agreement template used by Velocity Global France, the gross monthly remuneration must be paid to the supported employee by bank transfer by the 15th of the month at the latest, following the month in which the employee performed their service.

How is salary calculated and what components does it consist of in France?

In France, the total monthly salary consists of the following components:

• Salaire Base (Base Salary)
• Indemnité d'apport d'affaires (Business Contribution Allowance)
• Réserve Financière Mensualisée (Monthly Financial Reserve)

Is there a legal obligation to pay salaries in the same month in France?

In France, there is no legal obligation to pay salaries within the same month. According to Velocity Global France’s employment agreement template, the gross monthly remuneration is paid to the supported employee by bank transfer no later than the 15th of the month following the month the employee performed their service.

How many salary payments are made per year in France?

In France, 12 salary payments are made per year.

Is salary payment monthly and is payment standard at the end of the month in France?

Yes, in France, salary is paid on a monthly basis, and payment is standard at the end of the month.

Should the employment agreement in France specify salary in monthly or annual amounts?

In France, the employment agreement should specify the salary as a monthly gross amount.

What are the details of the customary bonuses, including the 13th-month salary, and when are these payments typically made in France?

In France, in addition to mandatory non-cash benefits dictated by law and collective bargaining agreements, employers often provide additional benefits. These typically include year-end bonuses. These customary bonuses, such as the 13th-month salary, are usually given at the end of the year. Such bonuses are considered an integral part of the compensation package provided by the employer alongside basic salaries.

What is the minimum wage information in France?

Effective January 1, 2025, the minimum remuneration under the Portage scheme Collective Bargaining Agreement (CBA) with Velocity Global France is EUR 3,288.59 per month. This applies under a 218 days employment agreement, which refers to the standard number of working days in a year under Velocity Global France's entity.