French civil service salary point index increase cost, Digi Mart USA News: Raising the civil service index point by 1% would require a budget of €2.4 billion, according to figures reported by Acteurs Publics. After deducting the income tax withholding, the net cost would fall to €1.5 billion.
The figures were reported to be shared with public-sector unions by the office of Minister of Action and Public Accounts David Amiel during bilateral salary meetings held between October 29 and November 3. The estimate was originally calculated by the French Treasury, known as Bercy, and is drawing close attention as Prime Minister Sébastien Lecornu prepares to meet public-sector unions about pay.
Some unions are demanding a 10% increase in the value of the index point. The report notes that such a rise would be a substantial sum to consider in the current context.
The article says that if the government takes steps toward public employees, as it has already done by raising the minimum wage for private-sector workers, a increase of this scale would be politically difficult to sustain given the government’s messaging about worsening public finances.
