The French SMIC increases from January 1st, 2024

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3 January, 2024

The new increase of the French minimum wage will be in force from the beginning of 2024.

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New increase of the French minimum wage starting from January 1^st 2024

Due to the inflation trend in France, the minimum wage is adjusted accordingly at the beginning of every year.

As a result of the Decree of 20 December 2023, the SMIC increased to €11.65 from January 1^st 2024, thus increasing by 1.13% compared to the last increase in May 2023, when the hourly minimum wage was set at €11.52.

The year just ended led to an increase of the net minimum monthly salary from €1,353.07 (in January 2023) to €1,383.08 (for December 2023).

With the latest update in force as from January 1^st 2024, therefore, the gross remuneration of a worker employed for 35 hours of work per week amounts to a monthly wage of €1,766.92 (€11.65/hour), resulting in a net wage of €1,398.70 per month.

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The French SMIC increases from January 1st, 2024

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