The SMIC will increase by 2% as of November 1st, 2024
02 October 2024 · 2 min reading time
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See job offersAs of November 1, 2024, the new Prime Minister, Michel Barnier, announced an increase in the SMIC (minimum wage) during his general policy speech on Tuesday, October 1, 2024.
Revalued for the second time in 2024, the SMIC will increase by 2% from November 1, 2024, to cope with inflation.
Thus, the gross monthly SMIC will increase from €1,766.92 to €1,801.80, an increase of €34.88 gross. As for the net monthly SMIC, it will increase from €1,398.70 to €1,426.30, an increase of €27.60 net per month.
The gross hourly SMIC, for its part, will increase from €11.65 to €11.88.
Why a Revaluation as of November 1, 2024?
Usually, this increase occurs every January 1st to take into account the evolution of inflation. As announced by the Prime Minister, this increase is not a boost, but rather an anticipation of the annual revaluation of the SMIC. Thus, no new increase in the SMIC is expected on January 1, 2025. This measure concerns more than 17.3% of French employees.
The last increase in the SMIC was on January 1, 2024, when it was revalued by 1.13%.
This is the ninth increase in the SMIC since January 1, 2021, representing a total increase of 16% over this period.
Evolution of the SMIC from 2021 to November 2024
Evolution of the Gross SMIC 2024
| Date | Gross Monthly SMIC (€) | Gross Hourly SMIC (€) | Increase (%) |
|---|---|---|---|
| November 1, 2024 (after) | 1801.80 | 11.88 | 2.0 |
| October 1, 2024 (before) | 1766.92 | 11.65 | 1.13 |
| May 1, 2023 | 1745.58 | 11.52 | 2.12 |
| January 1, 2023 | 1709.28 | 11.27 | 1.81 |
| August 1, 2022 | 1678.95 | 11.07 | 2.03 |
| May 1, 2022 | 1645.58 | 10.85 | 2.65 |
| January 1, 2022 | 1603.12 | 10.57 | 0.86 |
| October 1, 2021 | 1589.47 | 10.48 | 2.24 |
| January 1, 2021 | 1554.58 | 10.25 |
Evolution of the Net SMIC 2024
| Date | Net Monthly SMIC (€) | Gross Hourly SMIC (€) |
|---|---|---|
| November 1, 2024 (after) | 1426.30 | 11.88 |
| October 1, 2024 (before) | 1398.70 | 11.65 |
| May 1, 2023 | 1369.00 | 11.52 |
| January 1, 2023 | 1340.00 | 11.27 |
| August 1, 2022 | 1320.00 | 11.07 |
| May 1, 2022 | 1297.00 | 10.85 |
| January 1, 2022 | 1263.00 | 10.57 |
| October 1, 2021 | 1254.00 | 10.48 |
| January 1, 2021 | 1230.00 | 10.25 |
The SMIC in Temporary Work
By application of the principle "equal work, equal pay", there is no difference between permanent employees and temporary workers regarding the SMIC. The only difference is that the monthly salary of the temporary worker is calculated by multiplying the hours worked by the hourly SMIC.
At Staffmatch, the revaluation of the SMIC will be taken into account automatically. There is no action to take to update your salary and payslips!
Staffmatch, the Temporary Employment Agency Committed to Your Purchasing Power
In addition to the increase in the SMIC, the Group launched a new loyalty program at the end of 2022. In an economic context of high inflation, a bonus of €100,000 was distributed by Staffmatch to more than 3,500 temporary workers, allowing them to enjoy it as they wish in the online store. This online store offers temporary workers thousands of everyday products at advantageous prices.
This program is a real boost to the purchasing power of temporary workers.
So, like them, don't hesitate any longer! Join Staffmatch, the connected temporary employment agency!
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