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PARIS — Stellantis will hand its staff in France a 1,400 euro ($1,349.60) one-off payment to help them cope with rising consumer prices and will bring forward salary negotiations for 2023 to December, said the carmaker, after talks with unions.
Europe’s cost-of-living crisis is putting upwards pressure on wage inflation, as companies across the continent face demands from employees to cushion the impact of rising prices.
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Rival carmaker Renault last week offered staff over 1,000 euros in exceptional payments, while retailer Carrefour offered a 2.5% pay hike alongside a 100 euro one-off payment in October and a discount on purchases, unions said.
($1 = 1.0373 euros) (Reporting by Gilles Guillaume; Editing by Richard Lough)
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