Brief: French company Bouygues announces bonus to staff to help them deal with inflationary pressures

COLAS SA

15/09/2022 18:05

Sept 15 (Reuters) - Bouygues SA  BOUY.PA :
    
    * Bouygues has decided to pay a “special one-off bonus” to
its employees that is exempt from all employee social security
contributions and tax.
    * This bonus will be paid to employees earning less than
twice the annual French minimum wage (SMIC) and ranges from a
minimum of €500 up to €1,000 according to a sliding scale.
    * The overall wage increase for those employees receiving
this special one-off bonus, including all the measures taken by
the group during the year, comes to over 6%, which is more than
the total rise in inflation in France, calculated to be 5.8% by
the French national statistical office (Insee) in August 2022.
    
Further company coverage:  BOUY.PA 

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))