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Negotiated wage increases for 2024: where do we stand?
[Les hausses de salaire négociées pour 2024 : où en est-on ?]

Author

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  • Laurent Baudry
  • Erwan Gautier
  • Sylvie Tarrieu

Abstract

The nominal wage increases negotiated in 2023 at industry and firm levels have remained strong, the earlier rises in prices and the Smic (national minimum wage) having been passed on with a lag. The first agreements signed for 2024 point to a moderation in negotiated increases, which should nevertheless remain on average above inflation, given the sharp fall in the latter. Les hausses nominales de salaire négociées en 2023 dans les branches et les entreprises sont restées soutenues, les hausses antérieures de prix et du Smic se transmettant avec un décalage. Les premiers accords signés pour 2024 signalent une modération des hausses négociées qui devraient toutefois désormais se situer en moyenne au-dessus de l’inflation, compte tenu du fort recul de celle-ci.

Suggested Citation

  • Laurent Baudry & Erwan Gautier & Sylvie Tarrieu, . "Negotiated wage increases for 2024: where do we stand? [Les hausses de salaire négociées pour 2024 : où en est-on ?]," Eco Notepad (in progress), Banque de France.
    • Handle: RePEc:bfr:econot:349
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