Carmaker Stellantis offers French workers 1,400 euro bonus payment to ease inflation pain


Article content

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.

Article content

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)


Source link

Comments are closed.