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Negotiated wage increases for 2026: where do we stand?
[Les hausses de salaire négociées pour 2026 : où en est-on ?]

Author

Listed:
  • Laurent Baudry
  • Erwan Gautier
  • Sylvie Tarrieu

Abstract

Since mid-2023, wage negotiations have managed to claw back purchasing power lost due to the inflationary shock of 2021-2022. In the wake of this catch-up phase, the agreements signed between 2025 and early 2026 (before the outbreak of the conflict in the Middle East) point to a normalised rate of wage growth, with a year-on-year increase of 1% in industry-level wage floors and 1.6% in base wages within companies. Depuis mi-2023, les négociations de salaire ont conduit à un rattrapage des pertes de pouvoir d’achat induites par le choc inflationniste de 2021-2022. Après cette phase de rattrapage, les accords de salaire signés entre fin 2025 et début 2026 (avant le début du conflit au Moyen Orient) signalent une normalisation de la dynamique des salaires négociés, avec une hausse sur un an de 1% des minima de branches et de 1,6% des salaires de base dans les entreprises.

Suggested Citation

  • Laurent Baudry & Erwan Gautier & Sylvie Tarrieu, 2026. "Negotiated wage increases for 2026: where do we stand? [Les hausses de salaire négociées pour 2026 : où en est-on ?]," Eco Notepad 443, Banque de France.
    • Handle: RePEc:bfr:econot:443
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