On 29 November 2023, the French government passed the Profit-Sharing Act requiring companies with 11 to 49 employees to implement a profit-sharing scheme effective from 1 January 2025. This program is set to run as a five-year trial and will then be reassessed by the government to determine if the profit-sharing obligation for these smaller employers will become permanent and in what format.
The labor division of the French High Court (Cour de Cassation) issued decisions enabling employees who are absent from work due to sick leave to accrue paid time off during their leave. The revised method of paid leave accrual came into immediate effect on 13 September 2023 for all companies.
The French government recently passed amendments to the Labor Code increasing government-paid bereavement leave following the passing of an employee’s child, as well as government-paid leave that may be taken following the diagnosis of a child’s disability or serious health condition.
The amendments entered into effect on 19 July 2023.
The French government recently introduced legislation aiming to reform the country’s pension system by gradually increasing the minimum retirement age from 62 to 64, as well as the number of years of insured employment needed to be eligible for a full pension from 42 to 43 years.
To speed the passage of the controversial reform, the French government used its constitutional power to bypass the parliament vote. The reform is expected to enter into effect once its compliance with the French constitution is confirmed by May 2023.
The French government passed a new law amending several existing gender equality laws. Law 2021-1774, known as the “Rixain” law, intensifies gender equality reporting obligations specifically for senior executives (cadres dirigeants) and board members in large corporations with more than […]
Update: The 28-day paternity leave extension entered into effect, as expected, on 1 July 2021. The French government recently proposed the Social Security Finance Bill for 2021 to extend total paternity leave from 14 days to 28 days, with a […]
The French government recently passed legislation allowing employers to terminate mandatory supplemental health insurance plans at any time after the initial 12-month period with one month’s notice. The new law, called “Résiliation Infra-Annuelle” or “RIA,” was introduced on 14 July […]
The French government added a government-funded allowance to the existing caregiver leave provisions. The new allowance was included in the Social Security Finance Law for 2020 and entered into effect on 1 October 2020. Key details Caregiver leave was introduced […]
On 22 May 2019, the French government passed new legislation knows as the “Pacte law” for business growth and transformation. The new law aims to unlock the growth of small and medium-sized enterprises and to encourage pension savings and investments […]
During the 2019 budget vote, the French government passed a healthcare bill called “100 percent santé,” which provides full reimbursement through social security and supplementary health insurance for dental prostheses, optical devices and hearing aids. These changes will enter into […]